Americana Restaurants International Plc · ADX:AMR
Americana Restaurants International — H1 2025 Earnings Presentation
26 slides from Americana Restaurants International's earnings presentation, Jul 30, 2025
Slide 1: H1 25 Results Earnings Presentation
EARNINGS PRESENTATION H1 25 RESULTS Building Communities Around The Joy Of Food Ju ly 2 0 2 5 0
Slide 2: Disclaimer
Disclaimer Cautionary statement regarding forward looking information This presentation includes statements that are, or may be deemed to be, "forward looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "e
Slide 3: Agenda & Presenters
AGENDA & PRESENTERS AMARPAL SANDHU 01 Business Updates CHIEF EXECUTIVE OFFICER 02 Financial Review HARSH BANSAL 03 The Way Forward CHIEF FINANCIAL OFFICER & CHIEF GROWTH OFFICER PUJEET PAREKH HEAD OF INVESTOR RELATIONS 03 Appendix 2
Slide 4: Business Updates
= ww BUSINESS UPDATES
Slide 5: Q2 Highlights: Strategically drive transactions and average check
Q2 Highlights| Strategically drive transactions and average check Value campaigns Innovation & Premium And More … 4
Slide 6: New brand, CSR milestones and digital transformation
New brand ; CSR Milestones and Digital transformation Strategic Expansion into Premium Leveraging Customer Data Platform Creating Opportunity, Driving Inclusion Retail – carpo • 10% uplift in 0 to 1st Order Journey in KFC KSA and UAE • 8% Improvement in Cost per Install • Personalized offers through
Slide 7: H1 25 Performance dashboard
H1 25 Performance dashboard Restaurant Portfolio Revenues $ 1,217.0m LfL 2638 stores (vs. H1 24) (vs. H1 24) +214 gross new restaurants added 15.6% increase 12.4% Increase (LTM1) 53 new sites are under construction EBITDA $ 274.9m Net Profit $ 92.5m Capex2 $49.7m (vs. H1 24) (vs. H1 24) 4.1% of reve
Slide 8: 214 store additions in the past 12 months, with a robust pipeline
214 store additions in the past 12 months1, with a robust pipeline in line with the guidance Restaurant portfolio evolution Restaurants pipeline for 2025E No. of restaurants closures 46 (4) 2,638 2,477 31 (8) (41) 150-160 137 net NSOs3 47 82 160 132 25 46 81 53 36 H1 24 Q3-Q4 24 H1 25 Q3-Q4 25E Clos
Slide 9: Financial Review
Ss] = FINANCIAL: REVIEW
Slide 10: 15.6% revenue growth fueled by LfL sales growth and new store openings
15.6% Revenue growth fueled by robust LFL sales growth and ongoing new store openings 4 Revenue bridge (H1 24 to H1 25) Revenue mix $m $m % of stable pegged 83% 84% +15.6% currency (<1%) 77 (1%) 1,217 (6%) 125 -14 -20 -4 (6%) (94%) 1,053 (93%) H1 24 H1 25 Power Brands Growth/Niche Brands Others H1 2
Slide 11: Power brands performance continued to demonstrate robust recovery
Power brands performance continued to demonstrate robust recovery driven by double digit growth in transactions Total Sales by power brands $m Total +14.5% +11.8% +21.2% +17.2% +24.8% +16.3% +4.2% +2.5% +15.6% +12.4% 2 726 160 1,217 212 45 43 635 1,053 175 128 H1 24 H1 25 H1 24 H1 25 H1 24 H1 25 H1
Slide 12: Double digit growth in EBITDA and Net Profit
Double digit growth in EBITDA and Net Profit driven by LfL revenue growth and focus on cost discipline 4-Wall EBITDA EBITDA Net Profit $m $m $m 15.7% 92 17.9% 12.3% 275 80 349 233 311 29.5% 28.7% 22.1% 22.6% 7.6% 7.6% H1 24 H1 25 H1 24 H1 25 H1 24 H1 25 Margin (% of revenues) YoY Growth Source: Comp
Slide 13: 1.4% increase in net profit margin in H1 25 adjusted for one-offs
1.4% increase in net profit margin in H1 25 vs H1 2024 adjusted for one-off reliefs in Q1 2024 and incremental Pillar II impact Net profit bridge (H1 24 to H1 25) $m 7.6% 6.9% +1.4% 8.3% 7.6% 36.5 100.7 (8.5) 92.5 (8.2) 80.0 72.8 (7.2) +$27.9M +38% H124 A One-offs 1 H124 - Adj Revenue Growth Others
Slide 14: Y-o-Y stability in cost of inventory
Y-o-Y stability in cost of inventory driven by locked vendor contracts and efficient supply chain processes Cost of inventory1 evolution (Y-o-Y) % Q2 24 vs Q2 23 Q3 24 vs Q3 23 Q4 24 vs Q4 23 Q1 25 vs Q1 24 Q2 25 vs Q2 24 Change2 % (2.7%) (1.7%) 0.2% (0.4%) 0.4% 3 32.0% 29.6% 29.4% 29.2% 29.2% 29.1%
Slide 15: Net working capital improved and measured capital deployment
Net working capital improved and measured capital deployment Net Working Capital Gross Capex $m $m (8.9%) (9.2%)1 4.4% 4.1% (195) (218) 81 82 110 127 134 141 (440) (487) 50 47 2 31 December 2024 30 June 2025 H1 24 H1 25 Payables Receivables Inventory Gross capex Gross new restaurants opened NWC NWC
Slide 16: Disciplined capital allocation with an overall payback of 3.1 years
Disciplined capital allocation across the portfolio with an overall payback of 3.1 years Key metrics by restaurants1 New restaurant openings1 by brands New Restaurants Avg. Capex / new Brand Payback (years) openings restaurant ($k) 12% 162 496 2.3 34% 57 426 3.1 22% 96 326 4.2 105 136 > 5 years 12%
Slide 17: The Way Forward
THE WAY FORWARD 16
Slide 18: 2025 guidance
2025 guidance ✓ Successful marketing campaigns to ✓ Franchise agreement to expand drive transactions in H1 carpo in GCC has been signed Revenue ✓ Product Innovation and premium Growth ✓ Other Inorganic avenues for long recovery offerings to support average check term platform development are growth
Slide 19: Concluding Remarks and Q&A
CONCLUDING REMARKS AND Q&A 18
Slide 20: Appendix
APPENDIX 19
Slide 21: Portfolio evolution – LTM (1 Jul 24 – 30 June 25)
Portfolio evolution –LTM (1 Jul 24 – 30 June 25) No. of restaurants – by country and brands Openings & closures – LTM No. of restaurants – by brand/ category Kazakhstan 133 Iraq 37 63 Lebanon 17 Qatar 109 Jordan 59 Morocco 48 34 Kuwait 264 31 Bahrain 78 24 UAE 606 15 14 16 10 8 6 Oman 105 - 0 Egypt
Slide 22: Store closures – LTM (1 Jul 24 – 30 June 25)
Store closures – LTM (1 Jul 24 – 30 June 25) Store closures in LTM Brand portfolio Closures % of total stores1 H1 25 Power brands 45 1.7% Growth / Niche Brands 8 0.3% Others 0 0.0% Total 53 2.0% Source: Company information 1. Calculated as store closures during (1 Jul 24 – 30 June 25)divided by tota
Slide 23: Free cash flows
Free cash flows Movement in Cash & Cash Equivalents Free Cash Flow (FCF) $m $m H1 24 H1 25 (124) (11) EBITDA 233 276 Hyper Inflation Effect (0.4) 1.0 Net Capex (47) (49) Tax (8) (16) 202 274 Change in NWC (27) 23 (45) (44) Change in Non-current Portion of Trade (6) (9) Payable (241) (281) Lease Paym
Slide 24: EBITDA to Net Profit reconciliation
EBITDA to Net Profit reconciliation Post IFRS-16 basis $k H1 24 H1 25 Net profit attributable to shareholders of the company 79,960 92,482 Minority (Non-Controlling Interest) (2,236) (940) Income tax (including Pillar II), and Zakat 8,395 16,323 Finance cost (net) excluding finance costs on lease li
Slide 25: Key definitions
Key definitions • EBITDA: • LfL: EBITDA is defined as Net profit for the year plus finance cost (net), plus income Like for like revenues growth denotes the percentage increase/decrease in the tax and zakat, plus depreciation and amortisation expenses, impairment revenues for those AMR restaurants w
Slide 26: Thank You
THANK YOU Investor.Relations@americanarestaurants.com 25
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