Press Release - AmRest FY 2023 and Q4 2023 Financial Results

All time revenues record in the year of EUR 2 431.6 million with a growth of 14.3% vs. 2022*

Profit generated of EUR 50.9 million compared to EUR 6.6 million in 2022

114 new restaurants opened during 2023

Key highlights FY 2023:

• All time revenues record that reached EUR 2 431.6 million with a growth of 14.3% vs 2022*. 
• EBITDA generated amounted to EUR 379.2 million, up 16.3 % compared to 2022*.
• Profit generated of EUR 50.9 million compared to EUR 6.6 million in 2022.
• Improved financial risk profile following the signing of a new loan agreement and increasing both cash generation and equity accumulation.
• 114 new restaurants opened during 2023.

Key highlights Q4 2023:

• Revenues of EUR 628.9 million with an increase of 9.2% vs last year*. 
• EBITDA of EUR 96.2 million, up 17.7% vs. the same period of 2022*.
• Profit generated of EUR -4.8 million compared to EUR 3.6 million in Q4 2022.
• 61 new restaurants opened during Q4 2023.