RB 10/2022 Preliminary Results Release Q2 2022
AmRest Holdings, SE (“AmRest” or the “Group”), pursuant to the provisions of Article 226 of the restated text of the Securities Market Law, issues the following statement of inside information:
AmRest, a leading European multi-brand restaurant operator with a portfolio of first-class leading brands across 25 countries, today reported its preliminary results including sales, comparable sales trends and the status of restaurants operating for the second quarter ended June 30th, 2022.
Key highlights Q2 2022:
- New historical record in consolidated revenues that reaches EUR 606m, representing a year-on-year growth of 30.4%.
- Comparable same-store sales ratio amounted to 122.7% in Q2 2022.
- 99.9% of the restaurants operating at end of June.
The Group continues to register solid business dynamics, resulting in a strong sales performance and a new all-time record in revenues. The second quarter results reflect an excellent performance in most of the markets in which the Group operates, with the exception of China which was impacted by temporary closures and restrictions due to the zero-Covid policy.
New advancing in the dine-in sales channel and the excellence of the services offered enabled AmRest to set a new revenue record with consolidated sales of 606 million euros, an increase of 30.4% year-on-year.
The comparable same-store sales ratio reached 122.7% in Q2 2022.
Legal act: Art. 17 Sec. 1 of Regulation (EU) No 596/2014 of The European Parliament and of The Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC