News

ALSEA ACHIEVES HISTORIC RECORD OF NET OPENINGS IN ONE YEAR, WITH 170 UNITS, REACHING 2,954 STORES
 

Mexico City, January 20, 2015. Alsea, SAB de C.V. (BMV: ALSEA *) the leading operator of Quick Service Restaurants, Coffee Shops, Casual and Family Dining establishments in Latin America and Spain, reports that at year end 2015, it has 2,954 units of its different formats in operation. The expansion of 6% in number of units compared to 2014 consists of 170 net openings of within the different segments.

 
Diego Gaxiola, Chief Financial Officer of Alsea said: "We managed to increase our presence with 170 new units, setting a record for the company in terms of organic growth of our brands, which surpassed the expectations we had in our development plan for 2015, mainly due to the positive economic environment, the success of our different formats, the installed capacity we have to train our people and put them in key positions, as well as to the solid financial structure of the company. For the current year, we expect the positive trend in the consumer environment to continue, allowing us to reinforce our organic growth plan, reaching between 155 and 175 new stores."

Disclaimer
This press release contains certain forward-looking statements that reflect the current views and/or expectations of Alsea and its management with respect to its performance, business and future events. We use words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “target”, “estimate”, “project”, “predict”, “forecast”, “guideline”, “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Alsea is under no obligation and expressly disclaims any intention or obligation to update or revised any forward-looking statements, whether as a results of new information, future events or otherwise.
 
About Alsea
Alsea is the leading restaurant operator in Latin America and Spain of global brands in the quick service, coffee shop, casual and family dining segments. It has a diversified portfolio, with brands such as Domino’s Pizza, Starbucks, Burger King, Chili’s, California Pizza Kitchen, P.F. Chang’s, Italianni’s, The Cheesecake Factory, Vips, El Portón, Foster’s Hollywood, La Vaca Argentina, Cañas y Tapas e Il Tempietto. The company operates more than 2,950 units and has more than 60,000 employees in Mexico, Argentina, Chile, Colombia, Brazil and Spain. Alsea's business model includes support for its brands through a Shared Services Center that provides all of the Administrative and Development Processes, as well as the Supply Chain. Alsea has the distinctive as a "Socially Responsible Company" and is one of the top 20 "Best Places to Work" in Mexico.

For more information visit: www.alsea.com.mx

Its shares are traded on the Mexican Stock Exchange under the ticker symbol ALSEA*