Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — Q3 2022 Earnings Presentation
25 slides from Sphera Franchise Group Sa's earnings presentation, Nov 14, 2022
Slide 1: Sphera Franchise Group Investor & Analyst Call Q3 2022 Results
Sphera Franchise Group Investor & Analyst Call Q3 2022 Results 14.11.2022
Slide 2: Agenda for today's call
Agenda for today’s call 1 9M 2022 Highlights 2 Business updates from Q3 2022 3 Brand Performance 4 Q&A session 5 Annex: Key 9M 2022 Financials 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's Q3 2022 Results Call
Welcome to SFG’s Q3 2022 Results Call Calin Ionescu Valentin Budes Monica Eftimie Zuzanna Kurek CEO CFO CMO IR Sphera Franchise Group’s unaudited Q3 2022 results are available for download on our website: www.spheragroup.com. The recording of this conference call will be available on our website sho
Slide 5: 9M 2022 Highlights
9M 2022 Highlights NY SPHERA z Krc @ {3
Slide 6: SFG Performance in 9M 2022
SFG Performance in 9M 2022 • Best quarter in history: Q3’22 continued the positive trend of quarter-on-quarter increases, with Sphera Franchise Group closing the period with record-high results, Data in RON’000 9M-22 9M-21 Y/Y % registering RON 347.6 million in consolidated sales, a 22% increase com
Slide 7: SFG 9M 2022 Performance
SFG 9M 2022 Performance 953.6 929.7 1% +3 4% 347.6 +3 -4% 728.7 60.5 321.7 9M 696.4 58.3 Q3 3% 211.4 233.1 284.2 2% +2 +2 208.3 225.8 262.3 4% 29.8 +2 37.0 327.4 322.3 0% +4 Q2 3% -1% +4 13.1 17.6 278.6 285.7 17.5 Q1 7% 2% +3 -71% +3 3.8 2021 2022 2021 2022 2021 2022 Restaurant Sales Expenses (Resta
Slide 8: SFG 9M 2022 Performance breakdown
SFG 9M 2022 Performance breakdown Contribution to 9M 2022 turnover 5.2% 12.4% 1.3% 9.3% Q3 Q1 29.2% 36.5% 86.3% 85.5% Q2: 15% Q3: 27.8% 34.3% Q2 Per market Per brand Per quarter 8
Slide 9: Business updates from Q3 2022
Business updates from Q3 2022 9
Slide 10: COVID-19 & staff updates
COVID-19 & staff updates COVID-19 UPDATES • Lifting of the restrictions in all markets of activity in Q2’22: Romania lifted all the COVID-19 restrictions as of 09.03.2022, Italy as of 01.05.2022, and the Republic of Moldova as of 19.04.2022. • No rent renegotiations as of Q3’22: With the lifting of
Slide 11: Restaurant development, ESG rating
Restaurant development, ESG rating Number of stores • 174 restaurants operated: SFG operated 174 restaurants as of 30.09.2022, out of which 94 KFC restaurants in Romania, 2 in Moldova and 20 in Italy, as well as 14 Taco Bell restaurants, 42 Pizza Hut restaurants (of which 22 Pizza Hut and 20 Pizza H
Slide 12: Marketing
Marketing Pricing adaptation to the market conditions • In the current economic climate, we increased the prices in September for the three brands in order to protect the bottom line and absorb the increased cost of inputs. At the same time, we focused on value offerings to the customer to ensure co
Slide 13: Marketing
Marketing Pizza Hut: Build sales and increase distinctiveness • To reverse the sales trend and to bring to life the power of the brand, Pizza Hut included gamification in its three-month repositioning campaign “the favorite pizza of Romanian families”. The campaign delivered strong same-store sales
Slide 14: Brand performance
Brand performance NY SPHERA z Krc @ {3
Slide 15: KFC Romania
All Store Performance KFC Romania 114.9% 42.8% • Q3’22 was another quarter of continued increase for 37.3% 23.6% KFC Romania as all store performance improved 20% 14.3% 20.3% 20.1% YoY due to good same store performance (+13%) paired with the sales generated by the 5 new KFC Q2’21 Q2’22 Q3’22 restau
Slide 16: KFC Italy & KFC Republic of Moldova
All Store Performance KFC Italy & KFC Republic of Moldova 114.5% 88% 70.3% 58.4% KFC Italy 26% 37.5% 2.5% • All-store performance registered 38% sales increase in Q3’22 vs. Q3’21, Q1’21 Q2’21 Q3’21 Q4’21 Q1’22 Q2’22 Q3’22 while the same store evolution was second best of all the Group, registering a
Slide 17: Pizza Hut & Taco Bell
Pizza Hut & Taco Bell All Store Performance Pizza Hut 108.4% • The YoY increase dynamic has slowed downed for Pizza Hut, as the brand 71.4% registered 15% increase in all store performance in Q3’22 and a 6% increase 54.6% 55.3% 45.5% in the same store performance. Between Q4’21 and Q3’22, Sphera ope
Slide 18: Q&A Session
Q&A Session NY SPHERA z Krc @ {3
Slide 19: Annex: Key 9M 2022 Financials
Annex: Key 9M 2022 Financials 19
Slide 20: Summary of Q3 2022 Consolidated FS
Summary of Q3 2022 Consolidated FS 20 Results excl. IFRS16
Slide 21: Summary of 9M 2022 Consolidated FS
Summary of 9M 2022 Consolidated FS 21 Results excl. IFRS16
Slide 22: Summary of 9M 2022 Consolidated FS
Summary of 9M 2022 Consolidated FS (with and without IFRS 16 impact) 22
Slide 23: Breakdown of 9M 2022 results by entity
Breakdown of 9M 2022 results by entity 23 Results excl. IFRS16
Slide 24: Overview of the 9M 2022 G&A expenses
Overview of the 9M 2022 G&A expenses (with and without IFRS 16 impact) 24
Slide 25: Thank you for joining us!
Thank you for joining us! Sphera Franchise Group’s unaudited Q3 2022 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 Bucharest St
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