Rosinter Restaurants Holding maakt ongecontroleerde tussentijdse fin..
MOSKOU--(BUSINESS WIRE)--15 okt, 2007--OJSC Rosinter Restaurants Holding, de toonaangevende restaurantketen voor informele etentjes in Rusland en CIS (RTS:ROST), maakt de nog niet door de accountant gecontroleerde tussentijdse financiŽle resultaten bekend voor de eerste zes maanden van het boekjaar eindigend op 30 juni 2007. Deze gegevens zijn gebaseerd op geconsolideerde verslagen van het management welke zijn opgesteld volgens de IFRS (de internationale standaard voor financiŽle verslaglegging) en op de trading update voor het derde kwartaal 2007. De resultaten zullen worden gepubliceerd op www.rosinter.com.
( BW)(ROSINTER-RESTAURANTS)(ROST.RTS) Rosinter Restaurants Holding
Announces the Unaudited Interim Financial Results for the First Six
Months Ended June 30 2007 and its Trade Update for Third Quarter 2007
MOSCOW--(BUSINESS WIRE)--Oct. 15, 2007--
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES,
AUSTRALIA, CANADA OR JAPAN
OJSC Rosinter Restaurants Holding (Rosinter), the leading casual
dining restaurants chain in Russia and CIS (RTS:ROST), announces its
unaudited interim financial results for the six months ended 30 June
2007, based on consolidated management accounts prepared in accordance
with IFRS, and its trade update for the third quarter 2007. Key
financial and operating results are announced in this press-release.
The detailed financial results are published at www.rosinter.com.
1 H 2007 financial highlights:
-- 21 net additions for a total of 195 restaurants as of June 30
+ 12% since December 31st 2006 - 15 corporate and 6 franchised
versus 3 corporate and 4 franchised additions in 1H 2006
-- 28.0% increase in Revenue
US$ 122.5 mln versus US$ 95.7 mln in 1H 2006
-- 1.5% improvement in Gross Margin
38.4% versus 36.9% in fiscal year 2006
-- 3.5% improvement in Margin from operating activities
9.3% versus 5.8% in fiscal year 2006
-- 1.5% improvement in Adjusted EBITDA Margin
13.8% (US$ 16.9 mln) versus 12.3% (US$ 26.8 mln) in fiscal year
-- 3.9% improvement in Net Profit Margin
4.3% (US$ 5.3 mln) versus 0.4% (US$ 0.8 mln) in fiscal year 2006
Trade update for the third quarter 2007:
During 3Q2007 we opened 7 restaurants (net) and achieved 6.7% and
12.1% Same Store Sales Growth in local currency and US$ respectively.
Cumulated figures for first 9 months 2007 are 28 openings (net) and
6.4% and 12.4% Same Store Sales Growth in local currency and US$.
Key operating statistics for the first 9 months 2007:
1H2007 3Q2007 9m2007
Number of outlets opened, net 21 7 28
Total number of outlets, e.o.p. 195 202 202
SSSG in US$ 12.6% 12.1% 12.4%
SSSG in local currency 6.3% 6.7% 6.4%
Increase in average transaction (US$) 10.5% 9.5% 10.5%
Increase in average transaction (local currency) 4.4% 4.4% 4.4%
Increase in transaction count 1.5% 2.1% 1.8%
Mr. Rostislav Ordovsky-Tanaevsky Blanco, Chairman of the Board of
"We are pleased to announce our results for the first six months
of 2007. During this period, we completed successfully our IPO and our
team continued to deliver solid business results. The public issuance
and listing of our shares will not only contribute to the funding of
our ambitious growth plan, but it has deepened our commitment to
profitable growth. Energized by the very positive response we have
received from the market, we will strive to maintain the trust of all
our stakeholders in the years to come"
Ms. Lori Daytner, CEO, commented:
"We are currently focused on increasing our speed of development.
We are pleased to announce that we expect by year end to have a
network of 234 restaurants, 7 more than our original plan for 2007,
and that we have built a strong pipeline of restaurants openings for
2008. We have also added to our franchise network 7 new franchisees
and 5 new cities in Russian regions with new openings expected in
* * *
Note to Editors:
OJSC Rosinter Restaurants Holding is the leading casual dining
restaurant company in Russia and the CIS, which currently (October
15th, 2007) operates 206 outlets, including 46 franchised restaurants.
In 2006 it served approximately 12.5 million customers in Russia, the
CIS and Central Europe, including Baltic countries. The Company offers
Italian, Japanese, American and Russian cuisine under its proprietary
brands IL Patio, Planet Sushi and 1-2-3 Cafe and its licensed brands
T.G.I. Friday's and Sibirskaya Corona. Following the opening of its
first restaurant in Moscow in 1990, the Company operates in 24 cities
in Russia, the CIS and Central Europe, including Baltic countries.
Rosinter reported consolidated revenues of US$ 218.6 million, in
accordance with audited IFRS accounts, for the twelve months ended
December 31, 2006. Rosinter Restaurants Holding is listed in RTS
(www.rts.ru) under the stock ticker ROST.
This release contains "forward-looking statements" which include
all statements other than statements of historical fact. Such
forward-looking statements can often be identified by words such as
"plans", "expects", "intends", "estimates", "will", "may", "continue",
"should" and similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other important
factors beyond the Company's control that could cause the actual
results, performance or achievements of the Company to be materially
different from future results, performance or achievements expressed
or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions
regarding the Company's present and future business strategies and the
environment in which the Company will operate in the future. By their
nature, forward-looking statements involve risks and uncertainties
because they relate to events and depend on circumstances that may or
may not occur in the future. These forward-looking statements speak
only as at the date as of which they are made, and the Company does
not intend and has no duty or obligation to supplement, amend, update
or revise any of the forward-looking statements contained herein to
reflect any change in the Company's expectations with regard thereto
or any change in events, conditions or circumstances on which any such
statements are based. The information and opinions contained in this
presentation are provided as at the date of this presentation and are
subject to change without notice.
CONTACT: Investors and analysts enquiries:
Head of Investor Relations
Investor Relations Officer
Office + 7 495 788 44 88 ext. 108, 175
tel.: +7 495 788 44 88 ext.426
Disclaimer: Deze bekendmaking is officieel geldend in de originele
brontaal. Vertalingen zijn slechts als leeshulp bedoeld en moeten
worden vergeleken met de tekst in de brontaal welke als enige,
juridische geldigheid beoogt.