

AmRest achieves quarterly sales of EUR 641.7 million and a net profit of EUR 7.8 million in Q2’25
- Robust sales growth drives quarterly revenues to EUR 641.7 million in Q2’25, representing a 0.4% increase compared to last year
- Revenues of EUR 1,261.9 million for H1’25, 2.5% higher than in the same period of 2024
- Net profit for the quarter amounted to EUR 7.8 million compared to a net loss of EUR 23.1 million in the same period last year
- EBITDA generation amounted to EUR 107.7 million, which represents a margin of 16.8%
- In Spain, sales grew at a rate of 3,2 during the second quarter of 2025
- AmRest opened 21 new restaurants during the quarter, bringing its total network to 2,103 units at period end
AmRest Group, a leading European multi-brand restaurant operator, maintained its positive growth in the second quarter of the year, posting sales of EUR 641.7 million, a 0.4% increase over the same period in 2024. When adjusted to exclude revenues from businesses sold in the first quarter, quarterly sales rose by 3.9%. For the first half of 2025, consolidated revenues reached EUR 1,261.9 million, up 2.5% year-on-year, or 3.9% when excluding the impact of deconsolidation.
The Group’s revenue was achieved in the context of economic uncertainty, as persistent inflationary pressures in recent years continued to shape consumer spending habits. Across multiple markets, this environment resulted in a slowdown in order frequency and a shift toward more value-focused menu options. To address these cyclical headwinds, AmRest deployed a targeted commercial strategy designed to strengthen its position at the forefront of the European hospitality industry. Despite these headwinds, AmRest succeeded in growing total transactions by 3.0% year-on-year.
As a result, the Group’s underlying business profitability, as reflected in the EBITDA margin, reached 16.8%, with EBITDA totaling EUR 107.7 million. This marks a decrease of 0.9 percentage points compared to the same period in 2024, primarily attributable to the deconsolidation of SCM -where AmRest previously held a 51% stake- as well as increased labor cost pressures in select markets.
Besides, the Group achieved a notable turnaround in its financial performance this quarter, reporting a net profit of EUR 7.8 million compared to a net loss of EUR 23.1 million in the same period last year. This result underscores the effectiveness of the Group’s strategic initiatives and its ability to adapt and thrive in a challenging environment.
Solid capital position to support growth investments
The Group’s leverage ratio stood at 2.09x at the end of the quarter, up from 1.82x at year-end 2024. This remains at the low end of the Group’s internal target range, reflecting a prudent financial policy designed to maintain flexibility for future investments and accelerate both organic and inorganic growth.
According to Eduardo Zamarripa, Chief Financial Officer for AmRest Holdings SE, “our performance this quarter highlights the strength and adaptability of our organization, even amid a complex and uncertain environment in the hospitality sector. We take pride in nurturing a culture that puts our guests at the heart of everything we do, consistently delivering fresh and innovative products created by our dedicated team, which also enhances the Company’s continued commitment to profitable and sustainable growth.”
At the end of the second quarter, AmRest operated 2,103 restaurants, following the opening of 21 new units and the closure of 14.
Strong growth in Central and Eastern Europe drives Group performance
AmRest’s growth in Q2’25 was primarily driven by solid results in Central and Eastern Europe (CEE), which accounted for 62.3% of the Group's total revenue. Sales in the region reached EUR 399.5 million in the second quarter, up 8.3% year-on-year, with particularly strong performance in Poland (+9.7%). Quarterly EBITDA in CEE amounted to EUR 78.9 million, with a margin of 19.8%.
In contrast, Western Europe saw revenues decline by 1.9% compared to the same period in 2024 to EUR 219.6 million, reflecting a slowdown in France (-14.0%) despite growth in Spain and Germany. Quarterly EBITDA in this region reached EUR 33.7 million, with a margin of 15.3%.
In China, sales declined by 9.6% in euro terms during the quarter to EUR 22.6 million amid a challenging macroeconomic environment and global consumption slowdown. Quarterly EBITDA amounted to EUR 5.2 million, with a margin of 22.8%.