The operator of IL Patio and sushi planet doubled loss because of falling demand

Net loss of “Rosinter” (manages the restaurants “IL Patio and planet sushi”, etc.) at the end of 2015 amounted to $ 391,6 million rubles as compared to 209 million rubles a year earlier, the report said holding company. Revenue decreased by 12.6% to 7,677 billion rubles In absolute terms by 2015 was “Rosinter” worst of 2008: back then the company had revenues of $ 8.4 bn and a net loss of — 378,23 million rubles.

Revenue for comparable restaurants holding (over a year) in 2015 has decreased by 6.4% due to the fall in the number of transactions by 10%, according to reports. However, the restaurants at transport hubs (stations, airports), increased revenues by 9.7 per cent to 2.39 billion rubles.

“2015 last year was a challenge for the restaurant industry in Russia, is quoted in the message of the President and CEO of “Rosinter” Sergey Zaytsev. — Stagnation of the economy, caused by a number of internal and external factors, provoked a drop in population’s income and, as a consequence, a significant downturn in consumer demand”.

According to him, last year holding the program focused on increasing business efficiency. The company, in particular, has reduced office costs by 20% compared with 2014. In the end, the gross margin rose last year to 13.5% compared to 11.4% a year earlier.

Last year “Rosinter” has opened 23 company-owned and franchised restaurants, including in new cities — Astrakhan and Khanty-Mansiysk. At December 31, Rosinter operated 310 enterprises in 34 cities of Russia, CIS and Central Europe, including Baltic countries.

On the eve of the publication of statements of the founder of the restaurant holding Rostislav Ordovsky-Tanaevsky Blanco told Reuters that in 2015 the company also closed about 50 restaurants and has cut about 300 people. “At the end of 2014 and beginning of 2015 we were in a very difficult position, we had to get used to all the effects of the crisis. “Rosinter” has survived”, he said. In his opinion, two major problems faced by the company due to the crisis and the devaluation of the ruble is the dollar rent and imported products (some products came under the embargo, others have increased in price).

However Ordovsky-Tanaevsky Blanco expects that in 2016 the company will show a profit.

Because of the crisis, recently experiencing financial difficulties not only “Rosinter”. So, at the end of 2015, the Italian pizza chain Sbarro (part of the holding “G. M. R. planet of Hospitality”) got checked the current, and the Moscow Prosecutor’s office demanded that the Investigative Committee to open criminal case: on December 21, the government repeatedly arranged pickets due to the fact that the company did not pay salary. Sbarro partially admitted delay of payments to employees: financial problems the company was started because of the Russian kontrsanktsy and jump in the dollar, explained the head of Department to improve business efficiency “Planet of hospitality” Roman Vorobiev in an interview with the newspaper “Kommersant”.

Vorobyov explained that Russia’s decision to impose counter-sanctions in response to the limitations of the EU “seriously affected” the business of restaurants, “because it touched on the key products — cheese for pizza flour”. “We traditionally bought these products abroad — and I will not deny that under the old course often the price was extremely favorable. But when he imposed the embargo, we were forced to urgently look for this flour in Russia. But it did not happen,” he said, adding that Sbarro has found the manufacturer, who eventually began to produce flour especially for the network.