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4-Traders Homepage  >  Equities  >  Nyse  >  Yum! Brands, Inc.    YUM

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Yum! Brands, Inc. : KFC told to pay $8 million to stricken Australian girl's family

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04/27/2012 | 08:21am CEST

Fast-food chain KFC has been ordered to pay A$8 million ($8.3 million) in damages to the family of an Australian girl who was left severely brain damaged and in a wheelchair after being poisoned by a chicken meal.

In 2005, Monika Samaan, then aged seven, her parents and her brother were hospitalized with salmonella poisoning after eating a "Twister" chicken wrap at a KFC restaurant near Sydney.

KFC, owned by Yum! Brands, said it was a tragic case but was "deeply disappointed and surprised by the decision" and would appeal against it.

Last week, a New South Wales Supreme Court judge ruled in favor of the family, saying KFC had breached its duty of care to the girl. On Friday, it awarded the family A$8 million in damages, as well as court costs.

Australian media quoted their lawyer, George Vlahakis, as saying the girl's illness had "exhausted the very limited resources of the family".

"The compensation ordered is very much needed," Vlahakis said.

($1 = 0.9642 Australian dollars)

(Reporting by Lincoln Feast; Editing by Paul Tait)

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Financials ($)
Sales 2017 5 592 M
EBIT 2017 1 756 M
Net income 2017 981 M
Debt 2017 8 931 M
Yield 2017 2,26%
P/E ratio 2017 24,11
P/E ratio 2018 20,80
EV / Sales 2017 5,75x
EV / Sales 2018 7,11x
Capitalization 23 243 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 69,6 $
Spread / Average Target 5,4%
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NameTitle
Greg Creed Chief Executive Officer & Director
David W. Gibbs President & Chief Financial Officer
Robert D. Walter Non-Executive Chairman
Thomas M. Ryan Lead Independent Director
David Wyatt Dorman Independent Director
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