Sphera Franchise Group (SFG), the largest food service group in Romania, concluded 2024, the best year in its history, with sales of over RON 1.5 billion and a net profit of RON 97.2 million. The company improved its EBITDA margin by 1.4 pp in 2024 compared to 2023.
KFC restaurants network in Romania remained the driving force behind the group’s financial performance, having the most significant contribution to increasing profitability and consolidating operational results. It achieved a net profit of over RON 100 million, 15.5% higher than in 2023, and a healthy EBITDA margin of 13.3%.
Taco Bell continued to strengthen its profitability in 2024, with restaurant operating profit of RON 9.54 million, up 60%, and net profit almost six times higher (+496.3%) compared to the previous year. The EBITDA margin stood at a solid level of 10.5%.
KFC network in Italy continued to generate profit in 2024, marking the second consecutive year of positive results. Sales reached RON 191.7 million, up 4.3% compared to the previous year, a healthy pace for a mature market, and net profit reached RON 1.1 million. Also, KFC Moldova continues its double-digit performance: sales (RON 23.7 million, +15%), EBITDA (+RON 4.2 million, +13.6%), net profit (RON 3.1 million, +11.7%).
Pizza Hut’s turnaround is already delivering results, with the company moving from an operating loss in 2023 to a restaurant operating profit of nearly RON 1 million in 2024. Furthermore, Pizza Hut reduced its net loss by 30% in 2024 compared to 2023, driven by increased operational efficiency following the reorganization process.
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Articolul Sphera Group, new financial performance milestone in 2024: sales of over RON 1.5 billion a fost publicat prima dată în Money Buzz! • Știri Economice, Știri Financiare, Știri Business