Sphera Franchise Group Sa · BVB:SFG
Sphera Franchise Group Sa — Q3 2021 Earnings Presentation
25 slides from Sphera Franchise Group Sa's earnings presentation, Nov 15, 2021
Slide 1: Sphera Franchise Group Investor & Analyst Call Q3 2021 Results
Sphera Franchise Group Investor & Analyst Call Q3 2021 Results 15.11.2021
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 Q3 2021 Results Call
Welcome to SFG’s Q3 2021 Results Call Calin Ionescu Valentin Budes Monica Eftimie Zuzanna Kurek CEO CFO CMO IR Sphera Franchise Group’s unaudited Q3 2021 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 4: Agenda for today’s call
Agenda for today’s call 1 9M 2021 Highlights 2 Business updates from Q3 2021 & beyond 3 Brand performance 4 Q&A session 5 Annex: Key Q3 & 9M 2021 financials 4
Slide 5: 9M 2021 Highlights
9M 2021 Highlights Ay Ysruene
Slide 6: SFG Performance in 9M 2021
SFG Performance in 9M 2021 • Continued trend of QoQ increases: Sphera Franchise Group closed Q3 2021 with Data in RON’000 9M-21 9M-20 Y/Y % record results, registering RON 284.2mn in consolidated sales, a 44% increase Restaurant sales 728,719 502,445 45.0% compared to Q3 2020. Strong Q3 contributed
Slide 7: SFG 9M 2021 Performance
SFG 9M 2021 Performance 728.7 696.4 60.5 % % +45 +38 262.3 284.2 502.4 502.9 113 % 29.8 % 117.5 180.5 % +45 198.3 106.3 197.9 +44 Q3 Q3 28.4 225.8 233.1 11% % Q3 13.1 17.6 9% Q2 +92 26.9 +11 Q2 1% 208.3 +27 211.4 Q1 +2% 204.8 Q1 +7% Q1 3.5 2020 -2.0 Q2 2021 2020 2021 2020 2021 Restaurant Sales Expen
Slide 8: SFG 9M 2021 Performance breakdown
SFG 9M 2021 Performance breakdown Contribution to 9M 2021 turnover Market evolution • In Q3 2021, sales generated in Romania contributed with RON 247.9 milion (87%), Italy with RON 33.1(12%) million while Republic of Moldova reached 4.9% historic heights with turnover of RON 3.2 milion (1%). 10.6% 1
Slide 9: Business updates from Q3 2021 & beyond
Business updates from Q3 2021 & beyond 9
Slide 10: Facilities granted by the state, lease discounts
Facilities granted by the state, lease discounts Facilities granted by the state • Technical unemployment: No significant technical unemployment granted in Q3 2021 (RON 15K). In H1 2021 the Group registered RON 2.47mn in the technical unemployment indemnities: RON 1.27mn in Q1 2021 and RON 1.2mn in
Slide 11: Updated 2021 Guidance
Updated 2021 Guidance • Green certificate: In response to the low number of vaccinations in Romania, as of October 25th, 2021, the COVID-19 ‘Green Certificate’ became mandatory for any indoor access, to public institutions, banks, restaurants, cinemas, gyms, and shopping malls. Since the introductio
Slide 12: Development & Sales
Development & Sales Number of stores • 164 restaurants operated: SFG operated 164 restaurants as of 30.09.2021, out of which 143 based in Romania, 19 in Italy and 2 in Republic of Moldova. • 3 new openings in Q3 2021: In Q3 2021, SFG opened 3 new restaurants – a 24/7 drive-thru KFC Pallady, a Taco B
Slide 13: Marketing
Marketing KFC: Build sales through transactions • KFC focused on building innovation for the summer and created new occasions to visit for our customers, successfully launching BoxMaster, a big-eat wrap; it also communicated core products in order to strengthen transactions, launching affordable box
Slide 14: Brand performance
Brand performance Ay Ysruene
Slide 15: KFC Romania
114.9% KFC Romania All Store Performance 42.8% 15.9% 14.3% Q1’20 Q2’20 Q3’20 Q4’20 2020 2019 Q1’21 Q2’21 Q3’21 -9.9% -11.5% -17.1% • In Q3 2021, the KFC Romania all store performance -22.4% results improved 43% YoY. The return of the indoor dining and good weather contributed to these results. -51.6
Slide 16: KFC Italy & KFC Republic of Moldova
All Store Performance KFC Italy & KFC Republic of Moldova 114.5% 26% 11.4% Q2’20 Q3’20 Q4’20 2020 2.8% KFC Italy Q1’20 -11.7% Q1’21 Q2’21 Q3’21 -22.3% -33.5% -48.1% • Like-for-like performance in Italy in Q3 2021 grew 18% due to partial reopening of the local economy. • New locations opened after 30
Slide 17: Pizza Hut & Taco Bell
Pizza Hut & Taco Bell All Store Performance Pizza Hut 108.4% 71.4% • After difficult period, Pizza Hut continued the positive trend in Q3 2021, growing sales 71% YoY increase in all store performance, despite a lower number of stores compared to the same period of last year. 7.3% Q1’20 Q2’20 Q3’20 Q
Slide 18: Q&A session
Q&A session Ay Ysruene
Slide 19: Annex: Key 9M 2021 financials
Annex: Key 9M 2021 financials 19
Slide 20: Summary of Q3 2021 Consolidated FS
Summary of Q3 2021 Consolidated FS 20 Results excl. IFRS16
Slide 21: Summary of 9M 2021 Consolidated FS
Summary of 9M 2021 Consolidated FS 21 Results excl. IFRS16
Slide 22: Summary of 9M 2021 Consolidated FS
Summary of 9M 2021 Consolidated FS (with and without IFRS 16 impact) 22
Slide 23: Breakdown of 9M 2021 results by entity
Breakdown of 9M 2021 results by entity 23 Results excl. IFRS16
Slide 24: Overview of the 9M 2021 G&A expenses
Overview of the 9M 2021 G&A expenses (with and without IFRS 16 impact) 24
Slide 25: Thank you for joining!
Thank you for joining! Sphera Franchise Group’s unaudited Q3 2021 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 Stock
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