Brief: Sfinks Updates Its Startegy For 2019 - 2022

Sfinks Polska SA

12/06/2019 08:19

June 12 (Reuters) - Sfinks SA  SFSP.WA :
    * SAID ON TUESDAY IT HAS UPDATED ITS STRATEGY FOR 2019 -
2022 TO
MATCH IT WITH CHANGING LEGAL AND MARKET CONDITIONS 
    * SAID IT PLANS TO INVEST IN NON-CONTROLLING STAKES IN
RESTAURANT
CHAINS WHICH HAVE SIGNIFICANT GROWTH POTENTIAL, RESERVING THE
OPTION TO ACQUIRE ALL SHARES THEREIN AFTER SPECIFIED TIME AND ON
SPECIFIED TERMS 
    * IT ALSO PLANS TO FURTHER DEVELOP SALES IN THE SYSTEM OF
DELIVERY
TO CLIENTS BY GAINING FUNDS TO FINANCE IT FROM SELLING STAKE IN
ITS UNITS AND RESTRUCTURING PART OF ITS OWN BRANDS - SPHINX AND
CHLOPSKIE JADLO TO FRANCHISE MODEL
    * SAID IT RESOLVED TO START THE PROCESS OF TRANSFERRING
SPHINX,
CHLOPSKIE JADLO AND PIWIARNIA BRANDS TO ITS UNITS AS AN
ORGANISED PART OF ENTERPRISE IN ORDER TO ENHANCE THE
EFFECTIVENESS OF BUILDING COMPANY'S VALUE  

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMSlBHCa
    
 Further company coverage:  SFSP.WA  
   


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