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Americana Restaurants International PLC - Foreign Company announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,150,190 | 1,850,636 | 16.186 | 2,208,593 | -2.644 |
| Gross Profit (Loss) | 1,136,018 | 953,276 | 19.169 | 1,182,645 | -3.942 |
| Operational Profit (Loss) | 170,910 | 127,860 | 33.669 | 186,728 | -8.471 |
| Net profit (Loss) | 122,434 | 105,090 | 16.503 | 155,168 | -21.095 |
| Total Comprehensive Income | 128,130 | 88,658 | 44.521 | 151,714 | -15.545 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 1,608,199 | 1,736,280 | -7.376 |
| Profit (Loss) per Share | 0.015 | 0.012 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The Company reported a revenue growth of 16.2% compared to the same period last year. This performance was primarily driven by like-for-like sales improvements, and the expansion of the store network. The Company delivered robust revenue growth despite softening consumer demand in certain markets, additional days of Ramadan this year, and impact from the currency devaluation primarily in Egypt. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | 17% growth in net profit was driven by revenue growth and improved gross margin through cost initiatives. Net profit was negatively impacted due to applicability of new tax regulations of $3.5M in key markets in Q1 2025. This impact was also due to other positive one-off items amounting to $7.4 M which mainly include marketing cost reliefs recorded in Q1 2024. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Sales declined by 3% compared to the previous quarter, primarily due to Ramadan seasonality which impacted operating hours and consumer behavior. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit decreased by 21%, mainly due to Ramadan seasonality. In addition, it was also adversely impacted due to higher new store opening related depreciation and amortization along with applicability of new tax regulations in key markets. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | Ongoing Portfolio Expansion: During the quarter, the Company opened 14 new stores and integrated 46 additional stores from Pizza Hut Oman, bringing the total store count to 2,630 across 12 countries. This expansion reflects the Company’s steady network growth and continued investment in key markets. Outlook: Steady Progress Through 2025: The Company entered 2025 with a focus on strengthening transaction recovery, enhancing average check, and continuing investments in digital capabilities. Americana Restaurants remains committed to omnichannel development, operational improvements, and cost efficiency to support performance through the remainder of the year. While higher tax charges in certain markets may affect net income in upcoming quarters, the company is managing these developments through financial planning and operational flexibility. Americana Restaurants aims to maintain steady progress across key performance areas and deliver value to its stakeholders while growing its presence in the key markets committing to the guidance provided in the beginning of 2025. |
| Attached Documents |  |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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