Delano Managing Director Gintaras Rutkauskas says the company spent a total of 1 mln euros on expansion this year, and plans to open five Caif Cafe cafes, two 12 self-service restaurants and a Can Can Pizza restaurant next year.

Delano projects total revenue growth of around 10% this year. Next year, the company's sales revenue is expected to grow by 8.7%, but its net profit is forecast to decline by 8%.

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