Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — Q1 2024 Earnings Presentation
21 slides from Sphera Franchise Group Sa's earnings presentation, May 15, 2024
Slide 1: Investor & Analyst Call Q1 2024 Results
Sphera Franchise Group Investor & Analyst Call Q1 2024 Results 15.05.2024
Slide 2: Agenda for today's call
Agenda for today’s call 1 Q1 2024 Highlights 2 Business updates 3 Brand performance 4 Q&A session 2
Slide 3: Disclaimer
Disclaimer This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of shares issued by Sphera Franchise Group SA ("Sphera"), or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy shares in Sphera. Neither
Slide 4: Welcome to SFG Q1 2024 Results Call
Welcome to SFG Q1 2024 Results Call Călin Ionescu Valentin Budeș Monica Eftimie Zuzanna Kurek Chief Executive Officer Chief Financial Officer Chief Marketing Officer Investor Relations Officer 4
Slide 5: Q1 2024 Results Highlights
Q1 2024 Results Highlights 5
Slide 6: Key Q1 2024 Highlights
Key Q1 2024 Highlights excl. IFRS16 Q1 2024 Consolidated Sales RON 317.1 mn RON 43.3 mn RON 5.5 mn +10% vs. Q1 2023 +6% vs. Q1 2023 +12% vs. Q1 2023 RON 365.9 mn +9% vs. Q1 2023 RON 317.6 mn RON 27.4 mn RON 20.9 mn +12% vs. Q1 2023 -12% vs. Q1 2023 +5% vs. Q1 2023 6
Slide 7: Evolution of key indicators
Evolution of key indicators in RON m, excl. IFRS16 337.8 44.6 5% 39.8 322.7 63% 69% 27.4 23.5 Q1 2023 2024 2023 2024 2023 2024 7 Expenses (Restaurant + G&A) Restaurant operating profit Normalized EBITDA
Slide 8: Q1 2024 key financials
Q1 2024 key financials in RON m, excl. IFRS16 The best first quarter in the history in terms sales, EBITDA and net profit. Data in RON’000 Q1’24 Q1’23 Y/Y % Restaurant sales 365,924 335,060 9.2% Restaurant expenses grew slower than the revenues in Q1 2024, increasing 4.7% YoY to Other restaurant inc
Slide 9: Business updates
Business updates 9
Slide 10: Business
Business Network as of 31.03.2024 In Q1 2024, Sphera opened 1 new restaurant – a KFC drive-thru unit in Sibiu, Romania, located at 39 Calea Surii Mari. At the same time, in January 2024, five Pizza Hut restaurants in 30 Romania were closed, as part of the process of streamlining the restaurant netwo
Slide 11: 2024 Budget
2024 Budget in RON m, excl. IFRS16 2024 Budget Indicator 2024 Budget 2023 vs. 2023 RON RON RON millions (mn) % Sales % Sales % millions millions Restaurant Sales (*) 1,648.9 100.0% 1,469.2 100.0% 12.2% Other Income - - - - - Food and Material 528.4 32.0% 479.4 32.6% 10.2% Restaurant Gross Margin 1,1
Slide 12: Capital markets
Capital markets Q1 2024 evolution share price vs. market SFG: +14% BET: +10.8% Liquidity: +214% YoY RON 1.05 gross dividend per share to be paid in Buyback of maximum 10/10 in the VEKTOR June 2024; intention for distribution of 675,346 SFG shares score for IR 12 supplementary dividend in H2’24 appro
Slide 13: Marketing KFC
13 Marketing KFC KFC POTICASTIGA PARTICIPA PE KFC.RO/PROMO PS x2ARPIOAREPICANTE | pala, 10 iTIFACI POFTA LA OFERTA SISTOCURIPE (Q, | KFC.RO/SMARTSTOC NY xc @ 2. SPHERA
Slide 14: Marketing Pizza Hut
Marketing Pizza Hut SPHERA 14 PENTRU CA NU DAI INAPOI DE LA NICO MASA IN DOL. ge eA MCALA ED @ OFERTA DE MIERCURI ORICE PORTIE DE PASTE LA DOAR 21.90"
Slide 15: Marketing Taco Bell
15 Marketing Taco Bell TACO (®> BELL CRUNCH UNDE-S MULTE STRATURI, GUSTUL CRESTE 10% LEI CUMPARA UN TACO SUPREME $! PRIMESTI INCA UNUL DIN PARTEA CASEI"
Slide 16: Brand performance
Brand performance 16
Slide 17: Sales brand performance: KFC
Sales brand performance: KFC 22,1% 14,4% 9,2% 5,7% 0,6% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 19,6% 19,5% Same store / All store 12,8% 10,5% 10,7% 10,5% 42,7% 7,5% 7,9% 7,2% 5,6% 19,7% 9,9% 12,4% 8,9% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 17 Same store All store Same store / All store
Slide 18: Sales brand performance: Pizza Hut & Taco Bell
Sales brand performance: Pizza Hut & Taco Bell 10,0% 40,6% Q2’23 Q3’23 Q4’23 Q1’24 Q1’23 19,9% 19,1% -6,2% 13,3% -9,8% -12,0% 5,4% -16,6% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Same store / All store Same store / All store 18
Slide 19: Evolution of orders for delivery
Evolution of orders for delivery 36% 36% 36% 35% 34% 32% 31% 31% 30% 30% 30% 28% 27% 24% 23% 18% 18% 17% 16% 16% 8% 8% 9% 7% 6% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 KFC RO KFC IT KFC MD PH RO TB RO 19
Slide 20: Q&A session
Q&A session 20
Slide 21: Thank you for joining us!
Thank you for joining us! Sphera Franchise Group’s consolidated Q1 2024 results are available for download our website: www.spheragroup.com. The recording of this conference call will be available on our website shortly. For any follow-up questions related to Sphera Franchise Group’s activity on the
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