Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Mexican Stock Exchange  >  Alsea, S.A.B. de C.V.    ALSEA *   MXP001391012

ALSEA, S.A.B. DE C.V.

(ALSEA *)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Alsea de CV : reaches an agreement to transfer P.F. Chang's rights in Argentina

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/21/2019 | 06:03pm EST

ALSEA REACHES AN AGREEMENT TO TRANSFER

P.F. CHANG'S RIGHTS IN ARGENTINA

Mexico City, August 21, 2019 - Alsea, S. A. B. de C. V. (BMV: ALSEA*), the leading operator of Quick Service Restaurants, Coffee Shops, and Casual Dining establishments in Latin America and Europe informs that it has concluded an agreement with a local business group to completely transfer the brand rights, operation and development commitments of P.F. Chang's in Argentina. As part of this agreement, the new operator will manage the operation of the single unit of P.F. Chang's existing in that country, as well as the continuation of the development of the brand in the Argentinean territory. This operation is aligned with the portfolio restructuring strategy and search for efficiencies in order to increase the company's profitability.

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, P.F. Chang's, Italianni's, The Cheesecake Factory, Vips, Vips Smart, El Portón, Archies, Foster's Hollywood, LAVACA, Cañas y Tapas, Gino's, TGI Fridays y wagamama. The company operates close to 4,500 units and has more than 85,000 employees in Mexico, Argentina, Chile, Colombia, Brazil, Uruguay, Spain, France, Portugal, Netherlands, Belgium Luxembourg and Andorra. Alsea's business model includes support for its brands through a Shared Services Center that provides all the Administrative and Development Processes, as well as the Supply Chain.

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

About P.F. Chang's

Founded in 1993 by Philip Chiang and Paul Fleming, P.F. Chang's is the first internationally recognized multi-unit casual dining restaurant concept to honor and celebrate the 2,000-year-old tradition of wok cooking as the center of the guest experience. Since inception, P.F. Chang's chefs have been hand-rolling dim sum, hand chopping and slicing all vegetables and meats, scratch cooking sauces and wok-cooking each dish, every day in every restaurant. P.F. Chang's scratch menu highlights its wholesome, made-to-order-cooking approach and introduces new dishes and drinks for lunch, happy hour and dinner. Today, P.F. Chang's has more than 300 restaurants around the world including 24 countries and U.S. airport locations. For more P.F. Chang's news, visit pfchangs.com and follow us on Facebook, Twitter and Instagram @pfchangs

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

Salvador Villaseñor Barragán Investor Relations Telephone: (5255) 7583-2000 ri@alsea.com.mx

Disclaimer

Alsea SAB de CV published this content on 21 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 August 2019 22:02:01 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALSEA, S.A.B. DE C.V.
10/03ALSEA B DE C : Alseas earnings release & conference call 3q19
PU
08/21ALSEA DE CV : reaches an agreement to transfer P.F. Chang's rights in Argentina
PU
07/29ALSEA DE CV : announces its guidance 2019-2022
PU
04/24ALSEA : Reissuance of periodic information
PU
03/15ALSEA DE CV : Message from the executive presidency
PU
03/13ALSEA DE CV : Announces changes in its management team
PU
02/25ALSEA DE CV : Acquires the rights for the development of the brand starbucks in ..
PU
02/18ALSEA DE CV : Acquires the rights for the development of the brand starbucks in ..
PU
02/08STARBUCKS 'UNLIKELY' TO BE OVERTAKEN : Ceo
RE
2018ALSEA DE CV : Conference call regarding recent acquisition announcements & europ..
PU
More news
Financials (MXN)
Sales 2019 58 296 M
EBIT 2019 4 734 M
Net income 2019 869 M
Debt 2019 46 572 M
Yield 2019 -
P/E ratio 2019 51,6x
P/E ratio 2020 36,5x
EV / Sales2019 1,56x
EV / Sales2020 1,45x
Capitalization 44 260 M
Chart ALSEA, S.A.B. DE C.V.
Duration : Period :
Alsea, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALSEA, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 57,09  MXN
Last Close Price 52,95  MXN
Spread / Highest target 28,4%
Spread / Average Target 7,83%
Spread / Lowest Target -15,0%
EPS Revisions
Managers
NameTitle
Renzo Casillo Chief Executive Officer
Alberto Torrado Martínez Chairman
Rafael Contreras Grosskelwing Chief Financial Officer
Salvador Aponte Escalante Director-Information Technology
Armando Torrado Martínez Director
Sector and Competitors
1st jan.Capitalization (M$)
ALSEA, S.A.B. DE C.V.4.93%2 296
MCDONALD'S CORPORATION8.76%146 334
YUM BRANDS8.19%30 004
CHIPOTLE MEXICAN GRILL INC.87.45%22 497
RESTAURANT BRANDS INTERNATIONAL INC.25.37%19 547
YUM CHINA HOLDINGS, INC.31.82%16 656