Revenues of the AmRest Group amounted to EUR 533.6 million in Q3 2021, an increase of 20.9% y / y, the company said, presenting preliminary data.
In the third quarter of 2021, a revival in sales was recorded, which was a continuation of the positive trends already observed in the previous quarter. The increase in sales volume was accompanied by a greater share of operating restaurants and the reopening of the “dine in” segment as a result of the easing of restrictions related to the COVID-19 pandemic in most markets of the group’s operations, the company said.
Preliminary sales generated on the markets of Central and Eastern Europe in the third quarter of 2021 amounted to EUR 252.3 million, an increase of 27.1% y / y.
The sales of the Western Europe division in March 2021 amounted to EUR 192.9 million and was 15.3% higher than in the previous year.
The revenues of the Russian division amounted to in Q3 this year. EUR 51 million and were 19.1% higher than in the previous year.
Revenues on the Chinese market in Q3 2021 reached EUR 27.3 million, an increase of 10.3% y / y, as mentioned in the material.
AmRest Holdings SE is the largest independent restaurant chain operator in Central and Eastern Europe. The company is also expanding its activities in, inter alia, Western Europe, Russia and China. The company has been listed on the WSE since 2005.
Source: AmRest and ISBnews
