This is the 15th Taco Bell restaurant in Romania and the first in Craiova. Sphera Franchise Group operates 176 restaurants.
The company ended the first nine months of 2022 with RON953.5 million sales, up 30.9% from the year-earlier period, and RON15.6 million net profit, down 44%.
The company has recently convened a general meeting of shareholders for December 8, 2022, with the first item on the agenda being the approval of a payment of RON20 million dividends from the undistributed net profit of 2020 and the setting of a gross dividend per share of RON0.5155.
The company has a RON533.5 million capitalization. Its shares have dropped by 6.7% since early 2022 amid RON40.1 million deals.
(English version by Catalina Apostoiu)