Starbucks, the global coffee giant, has reported a 39% rise in fourth quarter profits to $358.5m (£223.9m), but said that sales across Europe and the UK softened during the period The company said that like-for-like sales increased 9% during the quarter, with revenue up 7% to $3bn. Revenue for the year increased by 7% to $11.7bn. International revenues rose by 6%, driven by strong gains in China, which offset some softness across the UK and Europe, where it said that consumers had been hit hardest by the economic problems. It is thought that the riots in August also impacted performance in the UK, with some branches forced to close early. It is understood that sales in the UK were up by a low single-figure percent. Separately, the company has signed a deal with Cineworld to open its first shop in a cinema complex. The new site will open at the valley Centertainment Leisure Park, Sheffield. If successful it is thought that the tie-in could lead to further Starbucks opening at cinemas. Sales in US climbed 10%, driven by sales of lattes and bistro boxes. The company said that it sees growth ahead around the globe in its 2012 fiscal year. It also said that while it expected coffee bean cost to continue to increase during 2012 it had tied down in a number of pricing contracts, which would help to reduce pressure on margins. It also announced that it plans to buyback up to 20 million shares during the coming year.