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FAB Maintains Americana Restaurants International at Buy After Q2 Results

MT Newswires·08/04/2026 05:50:29
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05:50 AM EDT, 08/04/2026 (MT Newswires) -- FAB Securities maintained its buy rating on Americana Restaurants International (ADX:AMR, SASE:6015), with a price target of 2.50 Emirati dirhams, after the company released its results for the second quarter. Thanks to higher revenue, other income, and finance income, the restaurant operator logged a 40.5% year-over-year rise in net profit to $84 million, exceeding FAB's estimate of $69 million, according to a Monday note. Revenue grew 11.1% annually to $715 million, against the research firm's $709 million forecast. "The Company delivered a strong 2Q26 performance, with revenue growing 11.1% YOY to USD 715 Mn and net profit attributable rising 40.5% YOY to USD 84 Mn. Growth was broad-based across brands, with 1H26 revenue from KFC rising 12.6% YOY to USD 818 Mn, Hardee's 13.9% YOY to USD 241 Mn, Krispy Kreme 10.2% YOY to USD 49 Mn, and Pizza Hut 4.4% YOY to USD 167 Mn, on LFL growth of 7.0%, 7.6%, 5.8% and 1.6% respectively, against 6.3% for the Company," analysts wrote.