Sphera Franchise Group | Romania Feed

Financial investment company Transilvania Investments Alliance (TRANSI, the former SIF Transilvania) has sold its ownership stake in Sphera Franchise Group (SFG.RO), which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, as well as the KFC units in Italy and the Republic of Moldova.

Sphera Franchise Group (“Sphera”) recorded in Q1 2022 restaurant sales of RON 278.6 million, up 31.8% compared to Q1 2021. In terms of total revenues on the Romanian market, Sphera’s result grew 28% in Q1 2022, compared to Q1 2021, and 4.5% compared to Q4 2021.   Sales in Romania contributed with RON 241.6 million […]

Sphera Franchise Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, will benefit from the Issuer's Market Maker (IMM) services provided by BRK Financial Group (BRK), starting August 24, 2021, in order to increase the liquidity of shares traded on the Bucharest Stock Exchange.

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has approved the proposal of its Board of Directors to disburse more than RON35 million dividends from the undistributed profit of 2019 and 2020 and set the gross dividend/per share of RON0.9.

The impact of the pandemic on the food service business is really hard to gauge at the moment, says Calin Ionescu, chief executive officer of Sphera Franchise Group, one of the leading actors on the restaurant market.

Sphera Franchise Group (“Sphera”) reported consolidated sales of RON 710.8 million in 2020, representing a decrease of 25.6% compared to the performance in 2019. The result is well-above the revised estimate, as communicated in the current report published on October 22nd, 2020. The Group’s consolidated sales in the Q4 2020 amounted to RON 208.4 million, […]