McDonald's sees profits rise 12%

McDonald's said sales and profit were up around the world

Fast food giant McDonald's has reported a 12% rise in profits between April and May compared to the same period last year, as sales continued to rise.

Net profit came in at $1.23bn (£783m), up from $1.1bn a year earlier. Revenue rose 5% to $5.95bn.

The profit figure was slightly above analysts' expectations.

Global like-for-like sales, which strip out the impact of sales at restaurants opened in the past 12 months, rose by 4.8%.

"McDonald's second quarter reflects strong top-line and bottom-line results with each area of the world generating higher comparable sales, traffic and profits," said chief executive Jim Skinner.

"As we begin the third quarter, our momentum continues with July global comparable sales trending in-line with or better than second quarter sales."