Americana profit falls 39% to SAR 595.3M in 2024; Q4 at SAR 155.2M

12/02/2025 Argaam Exclusive

View other reports

Americana Restaurants International PLC reported a net profit of SAR 595.3 million for 2024, a decline of 39% from SAR 973 million in the year earlier period.

Financials (M)

Item	2023	2024	Change‬
Revenues	9,049.25	8,237.82	(9.0 %)
Gross Income	4,730.85	4,377.73	(7.5 %)
Operating Income	1,087.74	738.20	(32.1 %)
Net Income	973.00	595.35	(38.8 %)
Average Shares	8,423.63	8,423.63	-
Earnings Per Share before unusual items (Halala)	11.72	7.63	(34.9 %)
EPS (Halala)	11.55	7.07	(38.8 %)

This was driven by lower adjusted EBITDA, increased depreciation charges on new store openings and corporate tax implementation in the UAE.

Revenue decreased by 9%, on reduced year-on-year (YoY) sales due to the regional geopolitical conditions and weaker consumer demand in some markets, along with unfavorable foreign exchange movements.

The company registered a sequential recovery throughout the year, bolstered by strategic initiatives aimed at elevating consumer engagement through product innovation, and promotional activities.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2023	Q4 2024	Change‬
Revenues	1,935.41	2,208.59	14.1 %
Gross Income	1,013.24	1,182.65	16.7 %
Operating Income	149.67	227.50	52.0 %
Net Income	122.88	155.17	26.3 %
Average Shares	8,423.63	8,423.63	-
Earnings Per Share before unusual items (Halala)	1.63	2.40	47.6 %
EPS (Halala)	1.46	1.84	26.3 %

Item	Q3 2024	Q4 2024	Change‬
Revenues	2,081.36	2,208.59	6.1 %
Gross Income	1,112.68	1,182.65	6.3 %
Operating Income	177.42	227.50	28.2 %
Net Income	140.33	155.17	10.6 %
Average Shares	8,423.63	8,423.63	-
Earnings Per Share before unusual items (Halala)	1.67	2.40	44.3 %
EPS (Halala)	1.67	1.84	10.6 %

Q4 2024 net profit jumped 26% to SAR 155.2 million from SAR 122.9 million in the year-earlier period.

On a sequential basis, net earnings increased 10.6% from SAR 140.3 million in Q3 2024.

Total shareholders’ equity, after minority interest, stood at SAR 1.47 billion by Dec. 31, 2024, compared to SAR 1.64 billion a year earlier.

Attached Documents

View More Financial Results

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Quarterly Actuals vs Estimates 12/02/202510/02/2025

All
Above Expectations
Below Expectations

Company	Estimated	Actual	Change
AMERICANA	147.78	202.53	37.1 %
Leejam Sports	130.72	109.60	(16.2 %)

Company	Estimated	Actual	Change
AMERICANA	147.78	202.53	37.1 %

Company	Estimated	Actual	Change
Leejam Sports	130.72	109.60	(16.2 %)

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

×