AmRest Holdings SE (“AmRest”) informs that the preliminary sales* generated by the AmRest Group (“Group”) in Q1 2016 amounted to PLN 858m, which was a 14.4% increase compared to the corresponding period of 2015. Group’s sales in local currencies increased by 13.6%.
The sales results of CE division amounted to PLN 514m in Q1 2016 and were 15.1% higher compared to Q1 2015. Total sales generated by this division in local currencies increased by 13.3%.
The revenue of Russian division amounted to PLN 89m in Q1 2016which was 1.9% above last year’s result. In local currency sales grew by 14.0%.
The revenue realized in Spain grew by 20.9% in Q1 2016 amounting to PLN 197m, which was a 16.3% growth in local currency.
New Markets division sales for the quarter increased to PLN 59m and were by 9.0% higher compared to Q1 2015 (7.2% growth in local currencies).
* Preliminary sales cover certain assumptions connected to specifics in the area of supply chain costs settlements.