Burger King/Tim Hortons owner posts fourth-quarter profit

Tue Feb 16, 2016 6:59am EST
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Feb 16 (Reuters) - Restaurant Brands International Inc , the owner of Burger King and Tim Hortons, posted a fourth-quarter profit, compared with year-ago loss, on strong demand for products such as Nutella pockets, grilled wraps and chicken fries.

Net profit attributable to shareholders was $51.7 million, or 25 cents per share, in the quarter ended Dec. 31, compared with a loss of $510.8 million, or $2.50 per share, a year earlier. The year-ago quarter was hurt by merger costs. (Reporting by Anet Josline Pinto in Bengaluru; Editing by Maju Samuel)