Sphera Franchise Group reports slight sales growth in H1 2025

Business Forum
Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7% compared to the same period in 2024.

The company managed to achieve this growth despite a challenging market environment characterised by sluggish consumer demand and rising costs.

By brand, the performance was mixed. KFC sales remained flat, at RON 641.7 million (€129.5 million), with growth tempered by weaker discretionary spending. Taco Bell, however, maintained a strong upward trajectory, with sales rising by 18.4% to RON 50.1 million (€10.1 million), appealing particularly to a younger demographic. 

Pizza Hut stabilised, recording RON 53.4 million (€10.7 million) in sales and reducing its operating losses by almost 75% compared to H1 2024.

The group's normalised EBITDA stood at RON 52.8 million (€10.6 million), a decrease of 33% year-on-year, primarily due to wage increases and higher operational costs across the industry. The normalised net profit was RON 17.7 million (€3.5 million), down around 56%  year-on-year.

In terms of operations, Sphera continued to expand its network, opening three new KFC restaurants. The group's total number of restaurants reached 177 at the end of June, spanning across Romania, Italy, and the Republic of Moldova. The company also entered the premium dessert category by launching its first Cioccolatitaliani store in Italy.

Călin Ionescu (in photo), CEO of Sphera Franchise Group, said, "In the first half of 2025, we navigated one of the most complex environments in recent years, marked by fiscal changes, rising costs and volatile consumer sentiment. Even so, our diversified portfolio across countries and segments allowed us to secure the level of sales."

The group has adjusted its financial estimates for 2025, anticipating total revenues between RON 1.6 billion and RON 1.65 billion (€322.8 million - €332.9 million), slightly lower than initial projections. 

However, the company is maintaining its objectives for operational efficiency and a solid financial position, with a normalised net profit estimated at RON 63–70 million (€12.7 million - €14.1 million).

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Electro-Alfa plans IPO on BVB
Finance

Electro-Alfa plans IPO on BVB

Electro-Alfa International, a Romanian electrical equipment manufacturer, has announced plans for an Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB).

Industry

Life sciences M&A surges 81% as big pharma hunts for growth, says EY

Global life sciences M&A activity increased by 81% in 2025 to $240 billion, driven by Big Pharma's large-scale deals, despite fewer overall transactions. The surge reflects companies prioritising innovations ready for launch as they face widening growth gaps.

Finance

Romania launches first 2026 Fidelis bond IPO on stock exchange

Romania's Ministry of Finance will conduct its first public offering of Fidelis government bonds for 2026 between January 16 and 23 on the Bucharest Stock Exchange. This marks the 32nd offering since the Fidelis program resumed in July 2020.

READ MORE
Business Forum  |  16 January, 2026 at 5:00 PM
Business Forum  |  16 January, 2026 at 4:13 PM