BRIEF-Shakey’s Pizza Asia Ventures Says FY EBITDA More Than Doubles To 1.02 Billion Pesos

April 8 (Reuters) – Shakey’s Pizza Asia Ventures Inc PIZZA.PS:

• FY 2021 EBITDA MORE THAN DOUBLES TO 1.02 BILLION PESOS

• 2021 SYSTEMWIDE SALES OF 7.01 BILLION PESOS, UP 6%

• PC EXPECTS TO OPEN 3 NEW INTERNATIONAL TERRITORIES AND AT LEAST 150 NEW OUTLETS IN 2022

• FY UNAUDITED NET INCOME 121 MILLION PESOS VERSUS LOSS OF 254 MILLION PESOS

• SEES 2023 BOTTOMLINE EXCEEDING PRE-PANDEMIC LEVEL

• FOR 2022, BUDGETING MORE THAN 650 MILLION PESOS IN CAPEX

• SEES 2022 SYSTEMWIDE SALES AND REVENUES RETURN TO PREPANDEMIC LEVEL

Source text for Eikon: ID:nPSX8dwGFg

Further company coverage: PIZZA.PS