The company will build and operate carpo stores in Kuwait and Qatar, with plans to expand across Bahrain and Saudi Arabia
Americana Restaurants
Latest in Americana Restaurants
Americana Restaurants
Americana Restaurants confirms Cravia Inc. as acquisition target
Americana has notified ADX that it was in talks with the target company after an unconfirmed report of negotiations appeared last week
Americana
Americana in talks to acquire Five Guys in the region: reports
Americana is in talks to buy Cravia, operator of brands like Five Guys, Cinnabon, Seattle’s Best Coffee and Zaatar W Zeit in the region
Americana Restaurants
Americana Restaurants continue to recover as revenue increases 16.2% for Q1
Like-for-like sales improvements and expansion of network sees revenue at $573.4mn and EBITDA at $121.7mn, up 17.4%
Americana
Americana Restaurants shows resilience despite tough conditions in 2024
Healthy Q4 numbers – 14.1% growth in revenue and 26.3% in net income – points to a continued recovery and positive outlook
acquisition
Americana Restaurants announces Oman expansion with Pizza Hut acquisition
The deal includes 46 Pizza Hut restaurants, generating an annual revenue of approximately $11 million in 2024
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 Securities Exchange
ADX-listed Americana buys back 1.25 million shares in August
Americana, trading under the code AMR, purchased 1,250,000 shares on August 12, 2024
Americana Restaurants
300 new stores prop up Americana Restaurants revenues to $2.41bn
Stores required a CapEx of $167.9 million, 7% of revenue; Adjusted EBITDA margin at 22.8%
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
