Sphera Franchise Group reports record sales of over 1.14 billion RON in the first 9 months

Sphera Franchise Group, the largest group in the food service industry in Romania, ended the first nine months of 2024 with record sales of over 1.14 billion RON, 6.4 percent higher than the same period last year. The normalized net profit at Group level was RON 71.4 million in the first 9 months of the year (+66.3 percent compared to the similar period in 2023) and represents almost 90 percent of the normalized profit obtained in the entire year 2023.

“We are growing quarter after quarter, surpassing previous records, and these new thresholds are becoming historical milestones that redefine the altitude of the company’s performance for the future. This evolution speaks not only of the Group’s stability, but also its flexibility to invest in continuous expansion and innovation, which allows us to respond promptly and efficiently to consumer expectations. We continue to strengthen our presence in Romania and on international markets and are well prepared to support sustainable development and create added value for our shareholders and partners,” stated Călin Ionescu, CEO, Sphera Franchise Group.

Sphera also recorded an important increase in normalized EBITDA, which went up 36.2 percent in the first nine months of 2024 compared to the same period last year, to RON 129 million. The very good results were reflected in an excellent EBITDA margin of 11.3 percent in the first nine months of the year.

Most of the revenue was generated in Romania, where sales of RON 986.7 million were recorded, 86.3 percent of the total, while the market in the Republic of Moldova had the highest growth, of 10.9 percent compared to the same period from 2023. These results reflect consistent performance and stable expansion in key markets.

With five new units opened since the beginning of the year, KFC Romania maintains its leading position in Sphera Group’s portfolio, registering in the first nine months double-digit increase in normalized net profit (+45.9 percent, up to RON 74.9 million) and normalized EBITDA (+37.1 percent, up to RON 112 million), while total sales stood at RON 840 million.