Spinhx will be sold
On Friday, June 6, the management of the Sfinks SA adopted a resolution “on the start of a project aimed at separation and sales The organized part of the Sfinks Polska SA Enterprise Project includes the activities of Sfinks Polska SA conducted under the Sphinx brand, including in particular: signs Sphinx freight, restaurants Own under this brand, Sphinx franchise agreements, lease, sublease and other contracts related to the activities conducted under the Sphinx brand and resources assigned to this activity. The Management Board does not exclude the sale of ZCP to the subsidiary and the possibility for this subsidiary to obtain an investor interested in participating in the project, “she informed business.
How much is Sphinx worth?
“The Issuer initially assumes the possible obtaining of funds from the implementation of the project at the level not less than PLN 75 million Corrected by the difference between the value of liabilities and receivables submitted to the ZCP (before tax) ” – we read in the communiqué. The sale decision results from development plans in other areas of the company, but is also aimed at faster development of the Sphinx network.
Financial results of Sfinks SA
Sphinx Polska is a company managing such networks as Sphinx, The Burgers by Sphinx and Piwiarnia. Wi quarter of 2025 “she noted sales increase gastronomic implemented by restaurants of all their brands, excluding the brewer's chain, by 6 percent. y/r., i.e. up to PLN 50.3 million. At the same time, in connection with the transformations of own restaurants into franchise, in the unit results the company revealed a reduction in sales revenues to PLN 12.8 million in the first quarter of this year. compared to PLN 20.9 million a year earlier. The sales profit was maintained at the same level of PLN 0.5 million, while the profit from operating activities reached PLN 0.1 million after three months. compared to PLN 3.4 million at the end of the first quarter of 2024 after the first quart. 2025. The company recorded a net loss at the unit level of PLN -2 million against PLN 0.2 million net profit a year ago.
More about the development of the Sphinx network In the article: “Polish restaurants will be opened in Egypt and Saudi Arabia. The well -known network has signed a contract. “
Sources: Sphinx SA., Bankier.pl