Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — FY2021 Earnings Presentation
26 slides from Sphera Franchise Group Sa's earnings presentation, Feb 24, 2022
Slide 1: Sphera Franchise Group Investor & Analyst Call
Sphera Franchise Group Investor & Analyst Call 2021 Preliminary Results 24.02.2022
Slide 2: 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 3: Welcome to SFG's 2021 Preliminary Results Call
Welcome to SFG’s 2021 Preliminary Results Call Calin Ionescu Valentin Budes Monica Eftimie Zuzanna Kurek CEO CFO CMO IR Sphera Franchise Group’s unaudited 2021 preliminary results are available for download on our website: www.spheragroup.com. The recording of this conference call will be available
Slide 4: Agenda for today's call
Agenda for today’s call 1 2021 Highlights 2 Business updates from Q4 2021 & beyond 3 Brand performance 4 Q&A session 5 Annex: Key Q4 2021 & 2021P financials 4
Slide 5: 2021 Highlights
2021 Highlights Ay) sruera
Slide 6: SFG 2021 Preliminary Performance
SFG 2021 Preliminary Performance • Slowdown in restaurant sales in Romania in Q4 due to green certificate: Data in RON’000 2021P 2020A Y/Y % Sphera Franchise Group generated RON 271.6 mn consolidated sales in Q4 2021, a 30% Restaurant sales 1,000,312 710,797 40.7% increase compared to same quarter o
Slide 7: SFG 2021 Preliminary Performance
SFG 2021 Preliminary Performance 967.7 1000.3 % +36 % 73.5 +41 271.4 12.9 271.6 713.2 67% 710.8 % Q4 +29 210.3 % +30 44 208.4 262.3 284.2 Q4 29.8 -17% Q3 % Q4 15.6 % +45 +44 180.5 197.9 Q3 Q2 11% 225.8 233.1 % 17.6 +92 117.5 9% +11 198.3 106.3 Q2 Q3 26.9 Q1 1% +2% +27 208.3 204.8 13.1 211.4 Q1 +7% Q
Slide 8: SFG 2021 Performance breakdown
SFG 2021 Performance breakdown Contribution to 2021 turnover Brand & market evolution in Q4 2021 • Q4 2021 brought a slowdown in sales on the Romanian market due to the restrictions imposed by 4.9% the introduction of green certificated. • In Q4 2021, KFC brought revenues in the total 11.4% 1.2% amo
Slide 9: Business updates from Q4 2021 & beyond
Business updates from Q4 2021 & beyond 9
Slide 10: Facilities granted by the state, lease discounts
Facilities granted by the state, lease discounts Facilities granted by the state • RON 2.77 mn received in technical unemployment in 2021: There were limited technical unemployment grants provided in Q4 2021 (RON 0.3 mn). In Q1 2021 the Group registered RON 1.27 mn in the technical unemployment inde
Slide 11: Capital markets
Capital markets OGSM on February 4th 2022 • Election of the new Board of Directors: In the OGSM, the shareholders elected a new Board of Directors consisting of Mr. Silviu-Gabriel Carmaciu, Mr. Mihai Ene, Mr. Lucian Hoanca, Mr. Razvan Lefter and Mr. Georgios Repidonis. The mandate of the Board of Di
Slide 12: Development & Sales
Development & Sales Number of stores • 170 restaurants operated: SFG operated 170 stores, out of which 148 based in Romania (92 KFC, 22 Pizza Hut, 19 Pizza Hut Delivery and 13 Taco Bell restaurants, 1 restaurant under Paul brand and 1 PHD subfranchise), 20 KFC restaurants in Italy and 2 KFC restaura
Slide 13: Marketing
Marketing KFC: Build sales through transactions • Building on the “traditional” Christmas campaign, KFC launched a special bucket with the aim of strengthening sales and targeted specific moments and placements in order to tap into the holiday spirit at the right moment and place. • As a secondary c
Slide 14: Marketing
Marketing Taco Bell: Focus on brand trial • The brand focused its efforts to build relevance, generate awareness and strengthen the craveable innovation territory by re- launching Quesadilla, a fan favourite. • For the winter campaign the brand concentrated its communication on a range of Boxes, wit
Slide 15: Brand performance
Brand performance Ay) sruera
Slide 16: KFC Romania
114.9% KFC Romania All Store Performance 42.8% 20.3% 15.9% 14.3% Q1’20 Q2’20 Q3’20 Q4’20 2020 2019 Q1’21 Q2’21 Q3’21 Q4’21 -9.9% -11.5% -17.1% • In Q4 2021, the KFC Romania all store performance -22.4% results improved 20% YoY, despite the negative effect of the green vaccination pass on the traffic
Slide 17: KFC Italy & KFC Republic of Moldova
All Store Performance KFC Italy & KFC Republic of Moldova 114.5% 88% 26% 11.4% Q2’20 Q3’20 Q4’20 2020 2.8% KFC Italy Q1’20 Q1’21 Q2’21 Q3’21 Q4’21 -11.7% -22.3% -33.5% • Like-for-like performance in Italy in Q4 2021 almost doubled (+93%) YoY due to a -48.1% reopening of the local economy at the end
Slide 18: Pizza Hut & Taco Bell
Pizza Hut & Taco Bell All Store Performance Pizza Hut 108.4% 71.4% • After a difficult period, Pizza Hut continued the positive trend in Q4 54.6% 2021, growing sales 55% YoY in terms of all store performance. Same store performance increased 47%, as the Group restarted 7.3% Q1’20 Q2’20 Q3’20 Q4’20 2
Slide 19: Q&A session
Q&A session Ay) sruera
Slide 20: Annex: Key Q4 2021 & 2021 financials
Annex: Key Q4 2021 & 2021 financials 20
Slide 21: Summary of Q4 2021 Consolidated FS Results excl. IFRS16
Summary of Q4 2021 Consolidated FS 21 Results excl. IFRS16
Slide 22: Summary of 2021 Consolidated FS Results excl. IFRS16
Summary of 2021 Consolidated FS 22 Results excl. IFRS16
Slide 23: Summary of 2021 Consolidated FS
Summary of 2021 Consolidated FS (with and without IFRS 16 impact) 23
Slide 24: Breakdown of 2021 results by entity
Breakdown of 2021 results by entity 24 Results excl. IFRS16
Slide 25: Overview of the 2021 G&A expenses
Overview of the 2021 G&A expenses (with and without IFRS 16 impact) 25
Slide 26: Thank you for joining!
Thank you for joining! Sphera Franchise Group’s unaudited 2021 preliminary 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 questions related to Sphera Franchise Group’s activity on the Buchar
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