Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — FY2025 Earnings Presentation
23 slides from Sphera Franchise Group Sa's earnings presentation, Feb 27, 2026
Slide 1: Investor & Analyst Call 2025 Preliminary Results
Sphera Franchise Group Investor & Analyst Call 2025 Preliminary Results 27.02.2026
Slide 2: Agenda for today’s call
Agenda for today’s call 1 CEO Opening Remarks 2 2025 Preliminary Highlights 3 Business Updates 4 Brand Performance 5 Marketing 6 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 2025P Results Call
Welcome to SFG 2025P Results Call Călin Ionescu Valentin Budeș Monica Eftimie Marian Gogu Costica Misaca Zuzanna Kurek Chief Executive Officer Chief Financial Officer Chief Marketing Officer GM KFC Romania GM Pizza Hut & Taco Bell Investor Relations Officer Romania 4
Slide 5: CEO Opening Remarks
CEO Opening Remarks 5
Slide 6: 2025P Results Highlights
2025P Results Highlights 6
Slide 7: Key 2025P Highlights
Key 2025P Highlights excl. IFRS16 2025 Preliminary Consolidated Sales RON 1,570.9 mn +1.5% vs. 2024 RON 362.6 mn RON 1,346.2 mn RON 196.4 mn RON 28.3 mn -0.9% vs. Q1 2024 +1.0% vs. 2024 +2.4% vs. 2024 +19.7% vs. 2024 RON 382.6 mn +2.3% vs. Q2 2024 RON 419.8 mn +3.7% vs. Q4 2024 RON 405.9 mn +0.6% vs
Slide 8: Evolution of key indicators
Evolution of key indicators in RON m, excl. IFRS16 1,492.8 5% 1,420.8 391.3 Q4 194.7 370.2 6% 376.6 52.8 151.7 -22% Q3 176.9 365.2 3% 49.6 -6% 47.9 147.8 -16% 54.1 372.8 51.7 +8% Q2 347.0 46.4 -14% 50.1 7% 43.2 -13% 43.3 39.1 352.1 27.1 -37% Q1 337.8 28.0 -28% 4% 44.6 39.8 28.6 -36% 24.9 -38% 2024 2
Slide 9: Q4 2025 key financials
Q4 2025 key financials in RON m, excl. IFRS16 Data in RON’000 Q4’25 Q4’24 Y/Y % In Q4 2025, Sphera Franchise Group recorded total sales of RON 419.8 million, up 3.7% YoY, representing the Restaurant sales 419,816 404,935 3.7% strongest quarterly YoY growth registered in 2025. Other restaurant income
Slide 10: 2025 preliminary key financials
2025 preliminary key financials in RON m, excl. IFRS16 In 2025, sales across the Group increased by 1.5% YoY, reaching RON 1,570.9 million, reflecting modest top-line Data in RON’000 2025P 2024A Y/Y % growth in a year marked by continued consumer caution in Restaurant sales 1,570,926 1,548,382 1.5%
Slide 11: Business Updates
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Slide 12: Business
Business The Group continued the development of its restaurant network throughout 2025, opening 7 new stores: 3 KFC Network as of 31.12.2025 restaurants in Romania (1 drive thru a 2 food courts), 2 Taco Bells in Romania (both food courts), 1 KFC restaurant in Italy (drive thru) and 1 Cioccolatitalia
Slide 13: Capital markets
Capital markets 2025 evolution share price vs. market SFG: -6% BET: +46% SFG-TR: -1% BET-TR: +55% Liquidity: -13% YoY RON 1.09 gross dividend per share paid on June 6th RON 1.04 gross dividend per share paid on on December 15 th 13
Slide 14: Brand Performance
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Slide 15: Sales brand performance: KFC
Sales brand performance: KFC 5.7% 5.7% 4.4% 4.3% 3.3% 2.3% 1.7% 12.8% Q4’25 12.3% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 -1.4% -3.6% 7.6% Same store All store 4.8% 3.8% 3.3% 2.8% 1.8% 1.2% Q1’25 Q2’25 Q3’25 Q1'24 Q2'24 Q3'24 Q4'24 0.0% 25.9% -0.7% Q4'25 23.2% 25.8% 24.8% -2.5% -2.6% -3.4%-3.5% 12
Slide 16: Sales brand performance: Pizza Hut and Taco Bell
Sales brand performance: Pizza Hut and Taco Bell 2.0% Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q3’25 Q4’25 21.2% -0.5% Q2’25 -1.0% -1.0% 15.6% 15.5% -2.9% 13.1% 12.9% 12.8% 13.0% 8.7% 8.1% -5.9% 5.4% 5.8% 4.3% -7.6% 2.6% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 -12.0% Same store All store Same store / A
Slide 17: Marketing
Marketing 17
Slide 18: Marketing KFC
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Slide 19: Marketing Pizza Hut
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Slide 20: Marketing Taco Bell
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Slide 21: Evolution of orders for delivery
Evolution of orders for delivery 38% 37% 36% 35% 36% 35% 33% 32% 32% 32% 34% 35% 31% 28% 30% 27% 26% 26% 28% 27% 25% 26% 23% 23% 18% 18% 18% 17% 17% 19% 19% 16% 12% 12% 9% 12% 8% 8% 11% 10% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'24 KFC RO KFC IT KFC MD PH RO TB RO 21
Slide 22: Q&A session
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Slide 23: Thank you for joining us!
Thank you for joining us! Sphera Franchise Group’s preliminary consolidated 2025 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 activi
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