AmRest Holdings S.E. — Earnings Release 2019

Apr 26, 2019

RB 14/2019 Preliminary sales results Q1 2019;AmRest Holdings SE("AmRest") informs that the preliminary sales generated by the AmRestGroup ("Group") in Q1 2019 amounted to EUR 445m, a 28.1% increasecompared to the corresponding period of 2018. The Group's sales in localcurrencies increased by 30.1%.;In addition to dynamic organic growth,the Group's revenues in Q1 2019 were also supported by the consolidationof recently acquired businesses: 15 KFC restaurants in France, Pizza Hutbusinesses in Russia, Armenia and Azerbaijan, the Bacoa business inSpain and Sushi Shop. Excluding these acquired businesses, the revenuesof the Group in Q1 2019 grew by 12.6%.;The sales result of the CEdivision amounted to EUR 186m in Q1 2019 and was 13.6% higher comparedto Q1 2018, an increase of 16.1% in local currencies.;The revenues ofthe Russian division amounted to EUR 44m in Q1 2019 and were 11.5%higher compared to the corresponding period of 2018. In local currencysales grew by 19.2%.;The revenues of the Western Europe division in Q12019 amounted to EUR 191m, which was higher by 52.3% compared to Q12018.;Sales of the Spanish market, reported within the segment ofWestern Europe, amounted to EUR 65m in Q1 2019, which was 17.8% higherthan year ago.;In China revenues amounted to EUR 20m in Q1 2019, whichwas a 28.6% increase over the year. In local currency it represented agrowth of 26.1%.;Revenues reported under segment "Other" equalled EUR 5mand were 24.3% higher than year ago (27.7% growth in localcurrency).;Legal act: Art. 17 Sec. 1 of Regulation (EU) No 596/2014 ofThe European Parliament and of The Council of 16 April 2014 on marketabuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of theEuropean Parliament and of the Council and Commission Directives2003/124/EC, 2003/125/EC and 2004/72/EC