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The pandemic plunges AmRest (La Tagliatella) sales by 43% in the second quarter


The pandemic has sunk 43% sales of AmRest (La Tagliatella) in the second quarter, up to 272 million euros. The restaurant chain, which manages other brands such as KFC, Bacoa, Blue Frog and Sushi Shop"He has just confirmed it to the National Securities Market Commission (CNMV) in a statement.

"During the second quarter of 2020, a period heavily affected by restrictions applied to contain the spread of COVID-19, the ability to effectively manage restaurants was limited in most of our markets," AmRest said.

As a result, preliminary sales in the respective period fell to 272 million euros, which is a 43.6% drop with respect to the same period of the previous year.

The reduction is compared to a 7.4% drop in sales in the first quarter of 2020, which "was a less affected period due to the application of restrictions only during the second half of March, after a strong start to the exercise of our business until then", the company added.

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