McDonald's serves up profits growth

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;mcdonalds-serves-up-profits-growth&period;jpg"><img class&equals;"alignnone size-full" title&equals;"McDonald's hailed a record year in the UK and reported a rise in worldwide profits" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-mcdonalds-serves-up-profits-growth&period;jpg" alt&equals;"McDonald's hailed a record year in the UK and reported a rise in worldwide profits"&sol;><&sol;a><&sol;p>&NewLine;<p>McDonald&&num;8217&semi;s has hailed a record year in the UK as the fast food giant reported a 9&percnt; rise in worldwide profits during 2010&period;<&sol;p>&NewLine;<p>The US-based company said the UK business grew in the fourth quarter to December despite a &&num;8220&semi;tough market&&num;8221&semi; &&num;8211&semi; marking its 18th quarter of growth in a row&period;<&sol;p>&NewLine;<p>Last month&&num;8217&semi;s UK snow chaos and extreme winter weather across countries such as Germany saw a more challenging fourth quarter in Europe&comma; with the region&&num;8217&semi;s comparable sales growth slowing to 3&period;4&percnt; from 4&period;1&percnt; in the previous three months&period;<&sol;p>&NewLine;<p>But Jill McDonald&comma; chief executive of McDonald&&num;8217&semi;s in the UK&comma; said it was another &&num;8220&semi;strong quarter&&num;8221&semi; of growth for the UK&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We succeeded in growing our business and gaining market share from competitors in a tough market&comma;&&num;8221&semi; she said&period;<&sol;p>&NewLine;<p>The group served 80 million more UK customers than in 2009&period; It opened another six UK restaurants and plans further expansion in 2011 that will see 3&comma;000 jobs created&period;<&sol;p>&NewLine;<p>Restaurant openings for the year ahead include aims to launch 10 new motorway sites in partnership with Roadchef&period;<&sol;p>&NewLine;<p>Annual figures showed the world&&num;8217&semi;s biggest burger chain made net profits of 4&period;95 billion US dollars &lpar;£3&period;1 billion&rpar; in 2010 across its entire business&comma; up from 4&period;55 billion &lpar;£2&period;85 billion&rpar; in 2009&period;<&sol;p>&NewLine;<p>Fourth quarter profits and sales growth slowed sharply&comma; although McDonald&&num;8217&semi;s maintained growth while competitors such as Burger King have struggled&period; <&sol;p>&NewLine;<p>The group said its US sales were hit by bad weather in December&period; It expects global comparable sales growth of between 4&percnt; and 5&percnt; in January&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68eebc6ad217a">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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