Vapiano Se Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018; Provides Sales Guidance for 2018
For the quarter, System sales were EUR 138.7 million compared to EUR 123.5 million for the same period a year ago. Group sales were EUR 96.3 million compared to EUR 82.3 million for the same period a year ago. loss for the period was EUR 11.4 million compared to EUR 3.3 million for the same period a year ago. loss per share was EUR 0.41 compared to EUR 0.15 for the same period a year ago.
The Management Board now expects net sales to grow by 15% to 19% year-on-year to EUR 375 million to 385 million (previously EUR 385 to 400 million) and like-for-like sales to develop between -0.5% and 0.5% (previously: between 0% and 1%) in fiscal year 2018.