The picture is mixed for the group that operates the TGI Friday’s restaurant chain in Greece, as the increase in sales was not accompanied by a corresponding improvement in profitability at the consolidated level. According to the financial statements of FRIDAY'S KIFISIA S.A., consolidated revenue amounted to €34.07 million, marking a 4.13% increase.
The increase in sales was accompanied by an improvement in gross profit, which rose 5.5% to €25.33 million. However, operating costs and the results of the subsidiaries impacted the bottom line, resulting in the group reporting a net loss of €304,702, compared to net profits of €950,090 in 2024.
However, the parent company’s sales amounted to €6.495 million (+4.37%), while net profits soared to €1.236 million from €452,746, marking an increase of 173.13%.
Management estimates that the outlook for 2026 remains positive, despite the environment of increased operating costs and pressures on consumption.
FRIDAY’S KIFISIA S.A. was founded in 1997, starting with its first restaurant in Kefalari, Kifissia, and today operates 11 locations, including outlets at Golden Hall, Kifissia, Glyfada, Ambelokipi, Kolonaki, Flisvos Marina, Pylaia in Thessaloniki, Aristotelous, Kapnikarea, Piraeus, and the group’s Asian cuisine concepts.
Last year, the number of employees reached 704 at the group level, up from 666 in 2024, while at the company level, the workforce increased to 109 employees from 101 in 2024.