Americana Restaurants, the largest operator in the out-of-home dining and quick service restaurant sector in the Middle East, North Africa, and Kazakhstan, announced its financial results for the first nine months of 2025, ending September 30.
The company delivered a strong performance, supported by a 10.4% increase in like-for-like sales across existing stores, ongoing operational initiatives, product and offer development, and digital engagement. EBITDA and net profit increased by 18.6% and 14.7% respectively, reaching $139.3 million and $42.9 million. Americana Restaurants continues to maintain a strong debt-free balance sheet and healthy cash reserves.
During the third quarter of 2025, Americana Restaurants maintained its strong trajectory, recording revenues of $622.7 million, a 12.2% increase compared to the third quarter of 2024.
This performance reflects the flexibility of the company's operations, discipline in cost management, and continued operational efficiency across key markets.
During the first nine months of 2025, Americana Restaurants continued to execute its well-thought-out expansion strategy, opening 68 new restaurants and integrating an additional 46 Pizza Hut restaurants in Oman. The total store network reached 2,657 across 12 countries. The company adopted a selective approach to expansion to ensure optimal capital utilization, with a continued focus on achieving operational efficiency and enhancing return on investment in key markets.
Americana Restaurants continued to enhance its inclusion and social responsibility initiatives in the United Arab Emirates during the third quarter of the year. In partnership with "Sharjah City for Human Services," the company opened four new inclusive Pizza Hut restaurants across four emirates, managed by persons of determination with hearing and speech disabilities.
The company recorded revenues of $1,839.7 million, a 14.4% increase year-on-year. EBITDA and net profit also increased during the first nine months of 2025 compared to the same period last year. EBITDA reached $414.2 million, an 18.2% increase, reflecting a flexible business model, cost discipline, and higher operational efficiency. Net profit attributable to the company's shareholders was $135.4 million during the first nine months of 2025, a 15.3% increase year-on-year, while maintaining a profit margin of 7.4%, a slight improvement from the previous year, despite the impact of new tax regulations in some key markets during 2025 amounting to $11.3 million. Last year's results included positive, non-recurring items of $7.2 million related to marketing exemptions received in the first quarter of 2024 and subsequently settled in the following quarters.
The company achieved a free cash flow of $128.3 million for the period, a 128% increase, and a conversion rate of 53%, driven by strong operational performance and effective working capital management.
This achievement reflects Americana Restaurants' commitment to providing an inclusive work environment that ensures equal opportunities for all. To facilitate communication and raise awareness about sign language, Americana Restaurants launched the "Sign & Smile" card—an interactive card that helps customers learn basic phrases in sign language to place orders and communicate with employees. The card serves as a bridge for constructive interaction, reflecting the company's vision of building a more inclusive and connected community.
