Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — Q1 2026 Earnings Presentation
24 slides from Sphera Franchise Group Sa's earnings presentation, May 22, 2026
Slide 1: Sphera Franchise Group Investor & Analyst Call Q1 2026 Results
Sphera Franchise Group Investor & Analyst Call Q1 2026 Results 22.05.2026
Slide 2: Agenda for today's call
Agenda for today’s call 1 CEO Opening Remarks 2 Q1 2026 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 Q1 2026 Results Call
Welcome to SFG Q1 2026 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: Q1 2026 Results Highlights
Q1 2026 Results Highlights 6
Slide 7: Key Q1 2026 Highlights
Key Q1 2026 Highlights excl. IFRS16 Q1 2026 Consolidated Sales RON 326.1 mn RON 45.6 mn RON 6.2 mn +4.8% vs. Q1 2025 +2.0% vs. Q1 2025 -8.0% vs. Q1 2025 RON 378.0 mn +4.2% vs. Q1 2025 RON 324.3mn RON 26.3 mn RON 27.1 mn RON 0.3 mn +4.2% vs. Q1 2025 -3.2% vs. Q1 2025 +12.2% vs. Q1 2025 n/a 7
Slide 8: Evolution of key indicators
Evolution of key indicators in RON m, excl. IFRS16 368.2 +5% 352.1 28.6 25.4 -11% 24.8 24.1 -3% Q1 2025 2026 2025 2026 2025 2026 8 Expenses (Restaurant + G&A) Restaurant operating profit Normalized EBITDA
Slide 9: Q1 2026 key financials
Q1 2026 key financials in RON m, excl. IFRS16 Data in RON’000 Q1’26 Q1’25 Y/Y % In Q1 2026, Sphera Franchise Group recorded restaurant sales of Restaurant sales 377,951 362,587 4.2% RON 378.0 million, up 4.2% YoY, marking a very solid start to the year despite Q1 traditionally representing the softe
Slide 10: Business Updates
Business Updates 10
Slide 11: Restaurant footprint
Restaurant footprint The Group continued the development of its restaurant Network as of 31.03.2026 network since the beginning of 2026. In Q1 2026, Sphera inaugurated four new restaurants – a KFC in Centro Piave Shopping Center in San Donà di Piave in Provence of Venice in Italy, a KFC in M Park Ti
Slide 12: Pizza Hut Optimization
Pizza Hut Optimization On February 19th, 2026, the Group announced additional operational efficiency measures and the continuation of the restaurant network consolidation process at the level of American Restaurant System S.A., the Group’s subsidiary operating the Pizza Hut® and Pizza Hut Delivery®
Slide 13: Brand portfolio expansion
Brand portfolio expansion On May 11th, 2026, the Group expanded its portfolio by adding the wagamama franchise, an internationally recognized pan-Asian dining brand. The franchise rights for Romania were acquired by the Group and will be implemented through Pan Asian Food SRL, a newly established en
Slide 14: 2026 Budget
2026 Budget in RON m, excl. IFRS16 2026 Budget Indicator 2026 Budget 2025 vs. 2025 RON RON RON millions (mn) % Sales % Sales % millions millions Total Sales (*) 1,696.4 100.0% 1,576.7 100.0% 7.6% Food and Material 529.1 31.2% 491.2 31.2% 7.7% Restaurant Gross Margin 1,167.3 68.8% 1,085.6 68.8% 7.5%
Slide 15: Brand Performance
Brand P ATTTLEEEL a= erfor man 15 NS SPHERA
Slide 16: Sales brand performance: KFC
Sales brand performance: KFC 4.3% 3.3% 2.3% 1.4% Q4’25 5.0% Q1'25 Q2'25 Q3'25 Q1’26 -1.4% 3.8% -3.6% 3.0% -5.4% 2.1% Same store All store Q1’25 Q2’25 Q3’25 0.0% Q4'25 Q1'26 25.8% 24.8% 23.2% -0.7% 8.3% -1.7% Q1’26 -2.5% Q1'25 Q2'25 Q3'25 Q4'25 -8.0% -3.4%-3.4% -9.8% 16 Same store All store Same stor
Slide 17: Sales brand performance: Pizza Hut and Taco Bell
Sales brand performance: Pizza Hut and Taco Bell 21.2% 15.6% 15.5% 2.0% 13.0% Q1’25 Q3’25 Q4’25 Q1’26 12.2% Q2’25 7.6% -1.0% -1.0% -3.2% -5.9% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Same store / All store -2.4% Same store All store 17
Slide 18: Marketing
Marketing 18
Slide 19: Marketing KFC
19 Marketing KFC eran E CRISPYNDIAN KFC
Slide 20: Marketing Pizza Hut
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Slide 21: Marketing Taco Bell
21 NY Kec @ Bi Marketing Taco Bell SPHERA sPEUIES I EMRVPSE, 58 eat = NACHO CHEESE DRIP BURRITO
Slide 22: Evolution of orders for delivery
Evolution of orders for delivery 37% 35% 33% 35% 32% 32% 31% 30% 28% 28% 26% 26% 27% 26% 23% 19% 18% 18% 19% 19% 12% 12% 12% 11% 10% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 KFC RO KFC IT KFC MD PH RO TB RO 22
Slide 23: Q&A session
Q&A session 23
Slide 24: Thank you for joining us!
Thank you for joining us! Sphera Franchise Group’s Q1 2026 report is available for download our website: www.spheragroup.com. The recording of this conference call will be also available on our website shortly. For any follow-up questions related to Sphera Franchise Group’s activity on the Bucharest
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