2025 GYG Appendix 4D and Half-Year Report
| Stock | Guzman Y Gomez Limited (GYG.ASX) |
|---|---|
| Release Time | 21 Feb 2025, 8:32 a.m. |
| Price Sensitive | Yes |
GYG Reports Strong H1 2025 Results
- Revenue up 27% to $212.4M, EBITDA up 67% to $31.6M
- Segment Underlying EBITDA up 26.5% to $26.8M
- Profit after tax of $7.3M, up from $4.0M loss in prior period
Guzman y Gomez Limited (GYG) reported a statutory net profit after tax of $7,301,000 for the half-year ended 31 December 2024, a significant improvement relative to the $3,960,000 loss realised in the prior corresponding period. EBITDA for the period was $31,578,000, increasing 67.0% on the prior corresponding period. Segment Underlying EBITDA for the Group was $26,767,000, increasing 26.5% on the prior corresponding period. Global network sales increased 22.8% on the prior corresponding period to $577,946,000, reflecting strong Comparable Sales Growth and the roll-out of 19 new restaurants across the global network. The Australia segment reported strong Comparable Sales Growth of 9.4% for the half-year, driven by delivery outperformance, impactful marketing campaigns and value menu items. The Group's Australian restaurant pipeline as at 31 December 2024 contains 103 sites with 32 new sites approved by the Board during the period. Demonstrating proof of concept in the US remains a priority, with the performance of the US restaurants reflecting the opportunity to increase brand awareness and improve the guest experience. The Group generated strong cash conversion from earnings during the period, with cash conversion at 80% (109% adjusting for IPO-related costs).
The Group is not providing any specific forward-looking financial guidance at this time.