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United Kingdom

Vapiano Q3 ‍adjusted EBITDA up at EUR 10.5 mln​


Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - VAPIANO SE ::DGAP-NEWS: VAPIANO CONTINUES ITS GROWTH PATH IN THE THIRD QUARTER.‍Q3 NET SALES INCREASED BY 31.3%, REACHING EUR 82.3 MILLION (Q3 2016: EUR 62.7 MILLION)​.Q3 ‍ADJUSTED EBITDA GREW BY 84.2% TO EUR 10.5 MILLION​.‍ON TRACK TO MEET ITS FY GUIDANCE OF EUR 315 - 335 MILLION IN NET SALES WITH ADJUSTED EBITDA OF EUR 38 - 40 MILLION​.‍NET LOSS OF EUR 16.5 MILLION IN FIRST NINE MONTHS OF YEAR (9M 2016: EUR +2.7 MILLION)​.‍IN 2018, VAPIANO EXPECTS TO OPEN A TOTAL OF 30 - 35 NEW RESTAURANTS GLOBALLY​. 

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