DGAP-News: Vapiano

VAPIANO meets its expansion and sales targets in fiscal year 2017

Provisional like-for-like sales figures FY 2017

• VAPIANO registered significant like-for-like growth of 4.8%, sales at upper end of guidance range
• All segments contributed to the strong like-for-like growth
• International presence expanded as planned; 27 new openings bring total number of restaurants to 205
• Successful market entry in Spain and Denmark
• Take-away and delivery service extended to 76 restaurants, equivalent to 37% of the portfolio after just 12 months

Cologne, January 8, 2018 - VAPIANO SE (ISIN: DE000A0WMNK9, stock exchange symbol: VAO) has today published its provisional sales figures for fiscal year 2017. Across the group, like-for-like sales increased by 4.8%, which was not only at the upper end of the forecast range of between 4% and 5% but also marked the largest like-for-like growth in more than five years. All three geographical segments - Germany (+4.6%), Rest of Europe (+5.0%) and Rest of World (+3.9%) - performed very nicely. Performance was boosted both by organic growth and by the strategic measures implemented systematically in the restaurants, such as expanding the take-away and delivery business. VAPIANO is also affirming its net sales and EBITDA guidance for 2017 and expects net sales (corporate and consolidated joint venture restaurants) to increase to between EUR 315 million and EUR 335 million. Profitability - measured in terms of adjusted EBITDA - is expected to be in the range of EUR 38 million to EUR 40 million.

Between January and December 2017, VAPIANO opened 27 new restaurants around the globe, thus expanding its international presence to a total of 205 restaurants in 33 countries on five continents. 13 new restaurants were opened in the fourth quarter of 2017 alone. The company is particularly satisfied with its numerous newly opened restaurants in France and its market entry into Denmark and Spain. Implementing further take-away and delivery service stations to expand digital business also progressed successfully in 2017, and at a much faster pace than originally planned. By the end of 2017, 76 restaurants in eleven countries - equivalent to around 37 percent of the total restaurant network - had already been equipped with the relevant capacities. The original plan had envisaged between 50 and 60 restaurants in 2017.

Jochen Halfmann, CEO of VAPIANO SE: "We are delighted to have met our expansion and growth targets for 2017 and to have slightly exceeded them in the take-away roll-out. Now we are focusing on expanding further in 2018 and 2019. Apart from continuing to expand our international restaurant network, we will push ahead with our digitization and innovation efforts to further optimize the guest journeys in our restaurants and to sustainably increase sales and profitability."

Around the globe, between 30 and 35 new restaurants are planned for the year just started. The corresponding lease contracts have already been signed. The three restaurants originally scheduled to open in 2017 in London, Miami and Doha will now open in the first half of 2018, thus bringing the number of new sites to between 33 and 38. Focus in 2018 will also be on the continued expansion of the take-away and delivery service. By the end of this fiscal year, the company plans to have equipped around 85% of all its restaurants with this extremely attractive additional guest journey.

VAPIANO SE will publish its Annual Report 2017 and its guidance for the current fiscal year 2018 on April 25, 2018.

About VAPIANO

The Italian lifestyle brand VAPIANO founded in 2002 an innovative "Fresh Casual Dining" concept that established a new category in system catering, combining elements of "fast casual" and "casual dining". The restaurant concept centers around quality, uncompromisingly fresh ingredients, and transparency. Pasta, pizza dough, sauces, dressings and dolci are all made fresh every day on site at each VAPIANO. Food is prepared "à la minute" directly in front of the guests and "customized" to the guests' special requests. The cosmopolitan ambiance is also part of the success story. The cozy atmosphere in each VAPIANO is enhanced by long oak tables that foster communication, a tall olive tree, and a comfortable bar and lounge area. VAPIANO stands for self-determination and individuality allowing each guest to choose between different guest journeys. Guests can order their food from the Vapianisti, at the terminal, or via the VAPIANO app, and pay for it by chipcard or app. Alternatively, the company offers take-away and delivery services at a growing number of its restaurants, allowing guests to enjoy VAPIANO anytime, anyplace, anywhere. From its origins in Hamburg/Germany, the VAPIANO idea spread quickly to the world: As of December 31, 2017, the VAPIANO portfolio encompasses 205 restaurants in 33 countries on five continents. VAPIANO shares (ISIN: DE000A0WMNK9) have been listed in the Prime Standard on the Frankfurt Stock Exchange's since June 27, 2017. For further details, please go to www.vapiano.com.

Investor Relations contact:

Dr. Andrea Rolvering
Cellphone: +49 151 5445 9750
Phone: +49 221 67001 301
Email: a.rolvering@vapiano.eu

Financial and business press contact:

Dariusch Manssuri, IR.on AG
Cellphone: +49 173 566 2776
Phone: +49 221 9140 975
Email: dariusch.manssuri@ir-on.com