Famous Brands Says Sales Increased in December, Rapport Says

Famous Brands Ltd. (FBR), South Africa’s biggest restaurant franchisor, saw sales rise in December compared with the same month last year, Rapport reported, citing Chief Executive Officer Kevin Hedderwick.

The company, which owns restaurant franchises including Wimpy, Steers and Mugg & Bean, posted better-than-expected sales across all its franchises, the Johannesburg-based newspaper cited Hedderwick as saying.

To contact the reporter on this story: Robert Brand in Cape Town at rbrand9@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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