Romania · Delayed Price · Currency is RON Sphera Franchise Group Earnings Call Transcripts
Fiscal Year 2025
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2025 saw modest sales growth and margin pressure amid inflation and cautious consumer sentiment, but Q4 marked a strong turnaround with improved profitability and positive same-store sales. Strategic brand expansion and cost discipline set a stable foundation for 2026.
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Sales reached RON 1.2 billion for the first nine months, with Q3 marking record sales and a strong sequential recovery in profitability. Cost pressures from inflation and labor remain, but efficiency measures and portfolio diversification support resilience.
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H1 2025 saw modest 0.7% sales growth amid inflation, higher costs, and cautious consumer spending, with strong performance in Moldova and Taco Bell offset by flat Romania sales. Revised 2025 guidance reflects a challenging outlook and continued focus on cost discipline.
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Q1 2025 saw flat sales and a sharp profit decline due to higher costs and cautious consumer spending, especially in Romania. KFC Romania was most impacted, while Taco Bell and international markets showed resilience. The outlook for 2025 remains positive, with growth expected from new openings and cost discipline.
Fiscal Year 2024
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Record 2024 sales and profit were achieved despite inflation, tax changes, and political uncertainty, with strong KFC and Taco Bell performance, cost control, and network expansion. Outlook for 2025 is cautious but optimistic, focusing on efficiency and selective growth.
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Record sales and profit growth were achieved in the first nine months of 2024, with strong performance across all brands and markets. Expansion included new restaurant openings and the acquisition of Cioccolatitaliani franchise rights, while cost control and margin improvements supported robust shareholder returns.
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Record H1 2024 results with sales up 6.4% and net profit more than doubling year-over-year, driven by strong cost control, network expansion, and brand performance. Management maintains full-year guidance, plans further expansion, and proposes a supplementary dividend of RON 1.05 per share.