Workflow
Brinker International(EAT) - 2025 Q2 - Earnings Call Presentation

Financial Performance - AmRest's H1'25 revenues reached EUR 1,261.9 million, a 2.5% increase compared to H1'24, or 3.9% excluding disposals[7, 15] - Adjusted EBITDA for H1'25 was EUR 196.5 million, flat compared to last year[7] - EBIT for H1'25 was EUR 47.5 million, resulting in a 3.8% EBIT margin compared to 1.9% in H1'24[7] - Q2'25 sales grew by 0.4% compared to Q2'24, or 3.9% excluding SCM, reaching EUR 641.7 million[28] - Q2'25 EBITDA amounted to EUR 107.7 million, with a 16.8% margin[28, 31] - Net profit in Q2'25 was EUR 7.8 million, compared to a loss of EUR 23.1 million in the same period of 2024[41, 42] Restaurant Portfolio and Operations - The company had 2,103 restaurants as of June 30, 2025[3, 22, 70] - Equity restaurants constitute 88% of the total restaurant portfolio[22] - Digital sales accounted for 57% of total AmRest & dine-in sales in H1'25[19] - The company opened 36 new restaurants in H1'25[7, 26] Segment Performance (Q2'25) - CEE region revenues reached EUR 399.5 million, an 8.3% increase compared to Q2'24, with an EBITDA of EUR 78.9 million and a 19.8% margin[54, 57] - WE region revenues were EUR 219.6 million, a 1.9% decrease compared to Q2'24, with an EBITDA of EUR 33.7 million and a 15.3% margin[59, 62] - China revenues reached EUR 22.6 million, a 9.6% decrease compared to Q2'24, with an EBITDA of EUR 5.2 million and a 22.8% margin[64, 67]