Consolidated Financial Analysis
The evolution of the franchisees sales evolved at a lower rate than the own
units.
Food service sales were 266.8 million euros, for year-on-year growth of 26.5%,
and are broken down as follows:
Sales recovered in all segments, with higher ticket concepts experiencing evi-
dencing gains of market share. Due to performance and expansion, counters
increased their weight in sales.
The need for constant evaluation of the sales point portfolio led to the decision
to close 15 units. With the market growing, a selective expansion plan was
continued. We opened 20 units, whereby at year’s end we operated 306 own
units in Portugal, 67 in Spain and 10 in Angola.
The Eat Out Group acquisition resulted in an increase of 121 own units and
146 franchised.
At the end of the year the total number of units (own and franchised) was 667,
distributed as follows:
Sales in
Restaurants
2016 W/Eat Out Group
Eat Out
Group
TOTAL 2016
Euro million
% Ch.
16/15
Euro million Euro million
% Ch.
16/15
Restaurants
75,21
12,0%
3,51
78,72
17,2%
Counters
143,72
20,7%
6,23
149,95
25,9%
Concessions &
Catering
25,31
3,1%
12,82
38,13
55,3%
Vendas Restauração 244,24
15,8%
22,56
266,80
26,5%
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