“We continue to be in a solid position to take advantage of market opportunities with our core brands in the geographies where we operate, aiming to open units in the most profitable sites and brands,” said Armando Torrado, Alsea’s CEO, quoted in his financial state.
Sales through home deliveries registered a growth of 13.8% throughout the year compared to 2021, which represents an amount of more than 12,200 million pesos, with which it reached more than 46.6 million orders and a participation of 17.8% in Alsea’s consolidated sales.
Regarding comparable store sales, the business portfolio in South America showed an increase of 70.3%, the brands in Mexico registered a growth of 26.5% and the operation in Europe grew 32.0%. At a consolidated level, same store sales grew 34.8% year-over-year.
The increase in net sales was partially offset by the negative effect of the devaluation of the euro against the Mexican peso, which impacted 6.6 percentage points on consolidated sales. Excluding this effect, growth in net sales would have been 35.6%.
The company invested 4,200 million pesos throughout the year, with which it had 179 corporate openings and 65 sub-franchises of its different brands, in addition to the first opening of Domino’s Uruguay.
Positive in all markets
Alsea Mexico’s sales represented 48.6% of Alsea’s consolidated sales in 2022 and reported an increase of 28.6% to reach 33,468 million pesos compared to 26,015 million pesos in 2021.