McDonalds writes history in Norway with a record year in 2003 and a growth of almost five percent.
McDonalds in Norway had a turnover of NOK 1,017 million (USD 150 million) in 2003, an increase of NOK 46.7 million (USD 68.6 million) from 2002 and equals about five percent.
McDonalds Norge AS had a net result of NOK 49.1 million (USD 7.2 million) in 2003, an improvement of NOK 4.1 million (USD 602,940), equal to 9.1 percent, compared to the year before. The result is the best in the companys history.
«The jubilee year 2003 was a new success year,» said Theo Holm, CEO in McDonalds Norge AS in a press release. «In 2004 and the years to come, we will continue this profitable and balanced growth.»
Both in 2002 and 2003, McDonalds opened three new restaurants in Norway. McDonalds is going to continue its growth in Norway and is planning to open three more outlets in 2004 as well.
McDonalds has 65 restaurants in Norway today. 50 of these are franchised while the remaining outlets are owned and operated by McDonalds Norge AS.
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