Pizza Hut UK has posted its financial results showing turnover of £226m compared to £230m the year before for the 11 months to 30 November 2014.
The group, which operates about 350 restaurants, showed the pre-tax profit stood at £9m, representing a significant increase from the £313,000 loss of the previous year.
The year-on-year reduction in sales was attributable to the closure of 22 restaurants.
The company started work on a UK-wide refurbishment programme in 2013. Included in the first batch of works were restaurants in Manchester, Plymouth, Edinburgh, Leicester and Truro.
During 2015 the business will continue with the significant but targeted investment programme to both re-image restaurants and to improve service as well as enhancing the menu offering to customers.
Between 70 and 80 restaurants will be re-imaged during the year, which will result in more than 50 per cent of the total estate having been re-imaged by the end of 2015. This platform is providing the opportunity to rejuvenate the business and return Pizza Hut to the front of the casual dining sector.
Sales growth will build in 2015 and 2016 as the company benefits from both the full year trading impact of the 2014 refurbishments and the additional refurbishments that will take place over the next two years.