AmRest Group’s revenues amounted to EUR 651.1 million in Q4 2022, up 20.8% y/y, the company said, presenting preliminary data.
The comparable sales ratio in restaurants reached 117%. The group’s total quarterly sales in its main markets (Western Europe, Eastern Europe and China) increased quarter-on-quarter by 1.5%, setting a new all-time record, the company announced.
The company noted that this is the last report with preliminary sales results. Starting in fiscal 2023, the group will publish only full periodic reports.
AmRest is one of the leading publicly traded restaurant operators in Europe, with a portfolio of recognizable brands in 25 countries. AmRest operates restaurants under franchise brands such as KFC, Starbucks, Pizza Hut and Burger King, as well as under private labels such as La Tagliatella, Sushi Shop, Bacoa and Blue Frog. The company has been listed on the WSE since 2005.
Source: AmRest and ISBnews
