Tag Archives: Americana Restaurants announces Q1 2024 Financial Performance

Americana Restaurants announces Q1 2024 Financial Performance,

Americana Restaurants announces Q1 2024 Financial Performance, reports $493.5 million in Revenue

  • Revenue of $493.5 million in Q1 24, resulting in Adjusted EBITDA margin of 20.9%
  • Continued restaurant portfolio growth with the opening of 37 new stores in Q1 2024 and 37 new restaurants under construction
  • Persistent focus on optimizing costs and driving revenue opportunities

Abu Dhabi and Riyadh, 07 May 2024: Americana Restaurants International PLC (“Americana Restaurants” or the “Company”) (ADX symbol: AMR/ ISIN: AEE01135A222) (Saudi Stock Exchange symbol: 6015), the largest out-of-home dining and quick service restaurant operator in the Middle East & North Africa (“MENA”) and Kazakhstan, today announced its financial results for the three-month period ended 31 March 2024, generating revenues of $493.5 million and adjusted EBITDA of $103.3 million.

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