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
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Alsea de CV : announces its guidance 2019-2022

07/29/2019 | 12:35pm EST

Avenida Revolución 1267

Piso 21

Col. Los Alpes, Álvaro Obregón

C.P. 01040, Ciudad de México

T + (55) 7583 2000

ALSEA ANNOUNCES ITS GUIDANCE 2019-2022

Mexico City, July 29, 2019. Alsea, S.A.B. de C.V. (BMV: ALSEA *) "Alsea" or "the Company", the leading Quick Service Restaurant (QSR), Coffee Shop, Casual Dining and Family Restaurant operator in Latin America and Europe, is updating its guidance for the years 2019-2022, as per the table below.

Current

Previous

Guidance

2019-2022

VS

2018-2023

Sales

*CAGR ~15%

**CAGR ~15%

EBITDA

*CAGR >16.5%

**CAGR ~15%

EBITDA Margin

Close to 15%

Close to 15%

Dividends

Acum. 4 years $3.9 per share

Acum. 5 years $4 per share

UPA

*CAGR >25%

**CAGR >25%

ROIC

13.5%

Mid-teens

ROE

16.0%

Mid to high teens

*4 - year compound annual growth rate **5 - year compound annual growth rate

On its Investor Day 2018, Alsea established a guidance for 2018-2023, which has now been moved to 2019-2022, and adjusted considering the macroeconomic context and changes in the Company (M&A activity and divestments).

For 2019-2022 Alsea is projecting a compound annual growth rate (CAGR) of approximately 15% for sales, driven by a 6 to 7 percent organic growth, in addition to a similar figure for consolidated same store sales. This factors in divestments of some units and brands in our portfolio.

With respect to EBITDA, the Company expects a CAGR from 2019-2022 above 16.5%, with a margin close to 15%, driven by the improved performance of our European operations following expected synergies and efficiencies.

In line with Alsea's commitment to provide investors attractive returns, for the period ending in 2022 we are forecasting a CAGR EPS growth above 25%, and to close 2022 with a ROIC of 13.5% and a ROE of 16%, with an accumulated dividend of $3.90 pesos per share over these 4 years, factoring in the postponement of this year's dividend.

By following and executing its business plan, the Company is confident that it will achieve these objectives set for 2022. Alsea will continue focusing on sales growth, operating efficiencies, and thereby seek to generate value for its shareholders.

Avenida Revolución 1267

Piso 21

Col. Los Alpes, Álvaro Obregón

C.P. 01040, Ciudad de México

T + (55) 7583 2000

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, 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. Para más información visita: www.alsea.com.mx

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

Its 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.m

Disclaimer

Alsea SAB de CV published this content on 29 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2019 16:34:05 UTC


© Publicnow 2019
All news about ALSEA, S.A.B. DE C.V.
04/04Starbucks Latin America franchise holder suspends 1,600 jobs in Chile
RE
02/10ALSEA B DE C : ´s earnings release and conference call AQ19
PU
2019ALSEA B DE C : Alseas earnings release & conference call 3q19
PU
2019ALSEA DE CV : reaches an agreement to transfer P.F. Chang's rights in Argentina
PU
2019ALSEA DE CV : announces its guidance 2019-2022
PU
2019ALSEA : Reissuance of periodic information
PU
2019ALSEA DE CV : Message from the executive presidency
PU
2019ALSEA DE CV : Announces changes in its management team
PU
2019ALSEA DE CV : Acquires the rights for the development of the brand starbucks in ..
PU
2019ALSEA DE CV : Acquires the rights for the development of the brand starbucks in ..
PU
More news
Financials
Sales 2020 39 776 M 1 986 M 1 986 M
Net income 2020 -3 808 M -190 M -190 M
Net Debt 2020 51 566 M 2 575 M 2 575 M
P/E ratio 2020 -5,10x
Yield 2020 0,00%
Capitalization 23 197 M 1 157 M 1 158 M
EV / Sales 2020 1,88x
EV / Sales 2021 1,44x
Nbr of Employees 66 006
Free-Float 65,6%
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
TrendsBullishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 27,04 MXN
Last Close Price 27,71 MXN
Spread / Highest target 44,4%
Spread / Average Target -2,41%
Spread / Lowest Target -45,9%
EPS Revisions
Managers
NameTitle
Alberto Torrado Martínez Chairman & Chief Executive Officer
Rafael Contreras Grosskelwing Chief Financial Officer
Salvador Aponte Escalante Director-Information Technology
Xavier Mangino Dueñas Secretary & Director
Armando Torrado Martínez Director
Sector and Competitors
1st jan.Capitalization (M$)
ALSEA, S.A.B. DE C.V.-44.31%1 150
MCDONALD'S CORPORATION10.03%162 017
CHIPOTLE MEXICAN GRILL INC.54.03%36 079
YUM BRANDS6.40%31 916
YUM CHINA HOLDINGS, INC.17.43%23 643
RESTAURANT BRANDS INTERNATIONAL INC.-10.68%17 310