Sphera Franchise Group posts sales of over one billion RON, up 41 percent in 2021

Sphera Franchise Group, the largest group in the food service industry in Romania, ended 2021 with consolidated sales of over RON 1 billion, up 41 percent compared to 2020.

“2022 is a year we look forward to as we mark a series of important events for Sphera Franchise Group: the 25th anniversary of KFC’s presence in Romania, the inauguration of KFC’s 100th local restaurant, 5 years since Sphera was listed on the Bucharest Stock Exchange and also 5 years since the launch of Taco Bell in Romania. The last two years were marked by the global pandemic, but despite the difficult context, our teams in all three markets have managed to achieve exceptional results. We are ready to begin a new chapter in the history of Sphera Franchise Group, delivering excellent results for all brands and in all markets of activity. Given the context, we are all the more pleased with the recognition received from the FTSE Russell and the inclusion of SFG shares in the FTSE Global Micro Cap index, which will put us on the radar of global institutional investors”, stated Calin Ionescu, CEO of Sphera Franchise Group.

The Group’s consolidated sales in Q4 amounted to RON 271.6 million, an increase of 30 percent compared to the same quarter of 2020. Sales generated by KFC, Pizza Hut and Taco Bell in Romania in the last quarter of 2021 contributed RON 231.1 million, an increase of 24 percent compared to the same period of 2020. KFC generated revenues totaling RON 234.1 million (an increase of 28 percent compared to Q4 2020), Pizza Hut – RON 24.7 million (55 percent increase compared to Q4 2020) and Taco Bell – RON 12.7 million (44 percent increase compared to Q4 2020).

Sales through own delivery channels, as well as through the online ordering platforms of the aggregators represented 30 percent in Q4 2021, amounting to RON 82.3 million, which represents an increase of 6 pp, compared to Q3 2021.