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McDonald's half-year profits grow 18 percent

McDonald's fast-food chain reported today that in the first half of this year its net profits grew 18% to reach $ 2,609.9 million.

New York, July 25 (EFE) .- The fast food chain McDonald's reported that in the first half of this year its net profits grew 18% to reach 2,609.9 million The company said its net earnings per share were $ 3.17 per share, up 26 per cent from the same quarter last year, compared to January-June.

However, half-yearly revenues accumulated a decline of 4% to $ 11,725.6 million, according to data released today by the Oak Brook-based firm in the state

As for the second quarter of the year, Wall Street, McDonald's reported that its net profit rose 28 percent to $ 1,395.1 million. The quarterly earnings per share were $ 1.70, compared to the $ 1.25 profit it had in the second quarter of last year, but quarterly earnings fell 3% to $ 6,049.7 million.

Quarterly sales in the United States alone grew by 3.9%, and out-of-country revenues grew by 6.3% between April and June.

Wall Street was rewarding this data with a 3.55% increase in McDonald's titles one hour after the opening of the session.

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