(Reuters) - Restaurant Brands International Inc (TO:QSR) (N:QSR), the owner of Burger King and Tim Hortons, reported a quarterly profit that more than doubled from a year ago, when it recorded a one-time charge related to the merger of the two brands.
The company's net profit attributable to shareholders rose to $118.4 million, or 50 cents per share, in the fourth quarter ended Dec. 31, from $51.7 million, or 25 cents per share, a year earlier.
The year-ago quarter included a $37 million charge related to the merger of Burger King and Tim Hortons, which was first announced in 2014.
Oakville, Ontario-based Restaurant Brand's total revenue rose to $1.11 billion from $1.06 billion.