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Boston Pizza aiming to double revenues, boost distributions

July 21, 2005

Reuters: Toronto-based Boston Pizza Royalties Income Fund's chief executive said on Thursday he expects to increase distributions as the 205-unit Boston Pizza chain positions itself to double revenues in five years.

"Given our plans there should be no reason not to see future distribution increases. But it's one of those things that you have to say, 'As long as we continue to do what we are doing, we will have a real good chance of being successful for unitholders,'" said company president Mike Cordoba.

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