Sphera Group Posts RON9.5M Net Loss, 7.6% Lower Sales, Of RON198M, In 1Q/2020 Under COVID-19 Impact

05.14.2020 By Ecaterina Craciun

Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, reported a net loss of RON9.5 million (excluding the impact of adopting the IFRS 16) in the first quarter of 2020, compared with a profit of RON5.1 million reported in the same period in 2019.



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Keywords:
Sphera Group
, earnings
, covid-19 crisis