The new unit is located in Port Mall and is a food-court type, being the 3rd KFC restaurant in this city.
“As of 26.09.2024, Sphera Franchise Group operates 173 restaurants: 107 KFC restaurants in Romania, 3 in Moldova and 18 in Italy, as well as 29 Pizza Hut restaurants, 15 Taco Bell restaurants, and one PHD subfranchise”, the report reads.
SFG shares have traded up 94% in the last 12 months, amid deals worth RON157 million, triggering a market capitalization of RON1.5 billion.
In January-June 2024, Sphere Franchise Group doubled its net profit to around RON41 million amid expense control, while sales climbed by 6% to RON740 million, as per the company’s half-yearly financial report.