Healthy Q4 numbers – 14.1% growth in revenue and 26.3% in net income – points to a continued recovery and positive outlook
Americana
Latest in Americana
Americana
Americana Restaurants reports $1.61 billion in 9M revenue
Adjusted EBITDA of $350.6 million, with 21.8% EBITDA margin; 113 gross new stores added, taking its total to 2,504 restaurants
Abu Dhabi
Americana reports strong revenue growth, increased profit in 2023
The company achieved a revenue of $1,897 million during this period, representing a growth of 7.1 percent compared to the same period in 2022
Abu Dhabi
Americana Restaurants H1 revenue grows 7.8% to $1.24bn
Fast food restaurant operator Americana opens 108 new stores during first half of 2023, increasing its total restaurant count to 2,277; Plans to open 250-260 more by year-end
Americana
Americana Restaurant reports 2.1% revenue growth to $589.4 million
Management expects to overcome the impact of Ramadan and commodity inflation and post 250-300bps improvement in adjusted EBITDA margin in the medium term
Americana
Americana Restaurants aim for 300 new restaurants after earnings jump
KFC contributed to be the flagship brand of Americana Restaurants, while Krispy Kreme showed the strongest growth in revenue during the year
American burger joints
UAE fast food: Wimpy returns to Dubai with robot chef
Wimpy will showcase a first-of-its-kind robot, Flippy 2, cooking in the kitchen
Abu Dhabi
Americana shares to start trading Monday
ADX announces special timing for pre-opening and opening because of dual listing in Abu Dhabi and Saudi Arabia
Abu Dhabi Securities Exchange
Revealed: How Americana’s value rose by AED200m a month for six years
Analysis shows remarkable rise in food operator’s value since buyout in 2016
Abu Dhabi Securities Exchange
Americana IPO: KFC operator issues minimum of 1,000 shares to UAE retail investors
Following the allocation, Americana will be listed on the Abu Dhabi Securities Exchange (ADX) and Saudi Arabia’s Tadawul on December 12
Americana
KFC operator Americana rakes in AED385 billion from listing
Americana drew orders of $105bn in historic dual-listing
Abu Dhabi Securities Exchange
KFC operator Americana increases IPO shares for UAE retail offer to 10%
Americana was previously reported to list over 2.52 billion shares on UAE and KSA bourses
Abu Dhabi Securities Exchange
KFC operator Americana opens IPO, shares priced at AED2.50 to 2.62
The final offer price will be determined through a book-building process and is expected to be announced on November 23
Abu Dhabi Securities Exchange
Alabbar says KFC operator Americana to double revenues
Company to list shares on Saudi Tadawul and Abu Dhabi Securities Exchange
Americana
Saudi market regulator grants approval for Americana’s dual listing on KSA, UAE bourses
The approval allows Americana’s application to list over 2.52 billion shares
Americana
Emaar’s Mohamed Alabbar to gain $4bn from Americana Group sale
Food retailer expected to be valued at $8bn in IPO