Vapiano SE announced earnings results for the third quarter and nine months ended September 30, 2018. For the nine months, System sales were EUR 400.8 million compared to EUR 365.3 million for the same period a year ago. Group sales were EUR 271.4 million compared to EUR 235.9 million for the same period a year ago. loss for the period was EUR 29.4 million compared to EUR 18 million for the same period a year ago. loss per share was EUR 1.08 compared to EUR 0.82 for the same period a year ago.

For the quarter, System sales were EUR 138.7 million compared to EUR 123.5 million for the same period a year ago. Group sales were EUR 96.3 million compared to EUR 82.3 million for the same period a year ago. loss for the period was EUR 11.4 million compared to EUR 3.3 million for the same period a year ago. loss per share was EUR 0.41 compared to EUR 0.15 for the same period a year ago.

The Management Board now expects net sales to grow by 15% to 19% year-on-year to EUR 375 million to 385 million (previously EUR 385 to 400 million) and like-for-like sales to develop between -0.5% and 0.5% (previously: between 0% and 1%) in fiscal year 2018.