Massive dividends from KFC and Pizza Hut have enabled their parent company, Yum! Brands, to more than triple its profit last year.

The European division of the group reported a pre-tax profit of $1.2bn (£892.7m) for 2024, a significant increase from the $317.1m (£235.8m) it posted for 2023, as reported by City AM .

Yum! Restaurant Holdings, the holding company for the wider group's investments, does not generate a turnover.

In newly filed accounts with Companies House, Yum! Brands attributed its substantial profit primarily to a partial write back of its previous impairment loss in respect of Yum! Restaurants Europe.

It also stated that its profit was bolstered by dividends from Yum! Restaurants Europe and Pizza Hut Europe.

Yum! Restaurants Europe issued a dividend of $176m for the

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