Zamp SA
OTC:ZMMPY
Zamp SA
Zamp SA engage in the development and operation of restaurants. The company is headquartered in Barueri, Sao Paulo. The company went IPO on 2017-12-18. The firm operates such brands as Burger King and Popeyes. Its commercial activity consists on importing and exporting products related to the main operating activity of the Burger King and Popeyes restaurants. The Company’s offering includes food and beverages from Burger King menu, such as cheeseburgers, burgers with different flavors and premium offerings, such as the Mega Stacker family and the Dulce de Leche, onion rings, hot dogs, French and chicken fries, salads, soft drinks, juices, coffee, milkshakes, as well as cakes and ice creams.
Zamp SA engage in the development and operation of restaurants. The company is headquartered in Barueri, Sao Paulo. The company went IPO on 2017-12-18. The firm operates such brands as Burger King and Popeyes. Its commercial activity consists on importing and exporting products related to the main operating activity of the Burger King and Popeyes restaurants. The Company’s offering includes food and beverages from Burger King menu, such as cheeseburgers, burgers with different flavors and premium offerings, such as the Mega Stacker family and the Dulce de Leche, onion rings, hot dogs, French and chicken fries, salads, soft drinks, juices, coffee, milkshakes, as well as cakes and ice creams.
Revenue Growth: Net revenue rose 16% year-over-year to BRL 1.3 billion, driven by the addition of STARBUCKS and SUBWAY brands and solid performance across all core brands.
System Sales Surge: System sales, including franchisee and company-owned stores, increased 51% to BRL 2.3 billion, reflecting strong expansion and brand additions.
Same-Store Sales: Same-store sales were up across the portfolio: BURGER KING rose 1.1%, POPEYES 22.3%, STARBUCKS 21.7%, and SUBWAY 30.1%.
Digital Channel Expansion: Digital sales made up 55% of total revenue, growing 22% over the previous year, driven by digital ordering platforms and in-store kiosks.
Adjusted EBITDA: Adjusted EBITDA grew 16.5% year-over-year to BRL 173.5 million, supported by operational efficiencies and portfolio expansion.
Margin Pressures: BURGER KING faced gross margin pressure due to higher beef prices, though this was partly offset by other brands and pricing adjustments.
Outlook: Management expects BURGER KING's same-store sales to track close to inflation for the remainder of the year and anticipates operational cash generation and deleveraging to improve in the second half.
