Business

McDonald's serves up strong profits

McDonald's outlet in New York City
Image caption McDonald's is continuing to revamp and modernise its stores around the world

McDonald's net profits rose sharply during the July to September quarter after new menu items in the US and extended opening hours in Europe helped drive up sales.

The fast-food giant made $1.39bn (£883m) during the period, 10% up on the same period last year.

Revenues at the US company rose 4% to to $6.3bn.

Sales at stores open at least a year rose 5.3% in the US, 4.1% in Europe and 8.1% in the rest of the world.

McDonald's chief executive Jim Skinner added that the firm was also continuing to benefit from the modernisation of its restaurants.

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