Takeaway and delivery “crucial” to Vapiano SE growth – report
Analysts from Berenberg believe the fast casual brand will accelerate these features this year.
Similar to 2017 growth, incremental sales contribution from takeaway and delivery is expected to continue for Vapiano this year according to a report from Berenberg,
"The research identifies takeaway and delivery as the driving factors behind both growth and margin gains for the fast casual dining brand. “The expansion of this feature across Vapiano’s store estate will be crucial to the company’s growth over the medium term,” the report stated.
Currently operating with over 200 restaurants globally, Vapiano has reaffirmed its target to open 33-38 restaurants in 2018, including three delayed openings from 2017.
Berenberg analysts expect takeaway and delivery rollout progression to accelerate in 2018 as Vapiano believes hopes to integrate this feature in 75-85% of its restaurants by the end of the year.
View the full report here.
