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Sfinks' EBITDA reached PLN 10.9 m in the first half of 2015.

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Sfinks Polska, owner of the Sphinx, Chłopskie Jadło and WOOK restaurant chains reported EBITDA of PLN 4.6 m, which constitutes an increase of 51% year-on-year. It is another quarter with high growth of EBITDA year-on-year. From April to June of the current year, Sfinks Polska also increased by 166% year-on-year its operating unit profit which reached PLN 2.5 m. Since the beginning of the calendar year, the company opened 6 new restaurants and reported singing 13 new contracts for new locations. The company maintained the forecasts included in the strategy which assume the average return on investments in restaurants no lower than 30%.

In the 2nd quarter of 2015, Sfinks once again reported a unit net profit, this time of PLN 1.8 m, whereas the year before it was PLN 54 k, generating unit sales profit of PLN 41.5 m compared to PLN 40.2 m generated in the same period in 2014.


- We consistently follow the idea of growth presented at the end of the last year in the strategy for 2015-2020 what translates into our increasingly better performance. Only in the first half of the year, EBITDA rose almost to PLN 10.9 m. Taking into account another finalized negotiations, I hope that our results will allow us to open more restaurants than the 19 mentioned in the report - comments Sylwester Cacek, President of the Board of Sfinks Polska.


- We have made our offer more attractive, therefore, the loyalty of our clients significantly grew, we opened new profitable restaurants in prominent places, but we also analyse the market in terms of prospective acquisitions, which can be exemplified by our renewed attention for Da Grasso - adds Cacek.


Sfinks Polska opens new restaurants with high potential, the number of which was six at the beginning of the year, including five Sphinx restaurants - in Kołobrzeg, Warsaw, Cracow, Jastarnia and Lublin and one Chłopskie Jadło restaurant in Poznań. The company also concluded new franchise agreements enabling it to open restaurants in Gniezno, Stargard Szczeciński and Cracow. Agreements concerning another operator restaurants have been concluded, among others, in Malbork - near the castle, Sopot - the crossroad of ul. Dworcowa and Monte Cassino, Warsaw commercial centre Factory Ursus, Wrocław - Main Railway Station, Bydgoszcz - commercial centre Zielone Arkady.


- We pay great attention to the places where we open our restaurants. Our aim is to create restaurants proudly representing the chain, and where our clients may feel comfortable. Convenient location and adaptability are also significant and translate into prompt return on investment. We rely on good quality in various fields of our operation - starting with the food, through client service, interior design of the restaurants, and ending with professional operation. As a result, a positive image of our chain is created, which has been proved by the results of customer surveys concerning Sphinx restaurants - explains Sylwester Cacek.


As the surveys conducted by TNS Polska for Sfinks Polska show, 98% of clients leave Sphinx restaurants satisfied with the visit, what represents a growth of client satisfaction from 89% in 2013. What is more, the number of regular clients of Sphinx restaurants, i.e., visiting  restaurants at least once a month, rose as well. This frequency of visits has been stated by 62% of the respondents whereas in 2013 it was only 53%.  Also, more than a half of Sphinx clients (56%) wishes to visit the restaurants more often. This applies to women in particular (58%) and young people aged 15-24 (64%). Survey results indicate that compared to 2013 Sphinx restaurants gained a significant number of loyal clients, i.e., persons attached to the brand and declaring a wish to visit the restaurants within the next month. Currently, this group includes 51% of Sphinx guests, while two years before the same group contained only 28% of guests. The clients of the restaurants especially appreciate service quality (97% of satisfied customers), food quality (93% of satisfied customers) as well as enjoy spending time on the premises of the restaurants (94% of satisfied customers) and appreciate them as the place to hang out with friends (91% of satisfied customers). The surveys show as well that 98% of customers would recommend Sphinx restaurants to their friends and family.