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Grupo Vips, best corporate reputation in Spain

  • Grupo Vips has risen to fourth place in the 2018 Merco Enterprises ranking in the Food Service and Tourism category, led by Melía Hotels International, NH Hotel Group and Barceló Hotel Group.
  • Plácido Arango, President of Grupo Vips, ranks 55 out of all the Spanish leaders with the best reputation according to the 2018 Merco Leaders survey, having moved up from no. 83 in 2017.
  • And for the second consecutive year, Grupo Vips was listed in the ranking of the companies with the best reputation in Spain, as per RepTrak® Spain 2018, as the only restaurant business to be included on the list.
Madrid, 11th May, 2018.

Grupo Vips strengthens its position as the restaurant company with the best corporate reputation in Spain. Grupo Vips has risen to fourth place in the 18th Merco Enterprises ranking in the Food Service and Tourism category, led by the hotel chains Melía Hotels International, NH Hotel Group and Barceló Hotel Group. Grupo Vips is the only restaurant company standing out in the top positions of this ranking, which strengthens its position on the national podium in the hotel and restaurant sector.

Moreover, Plácido Arango, President of Grupo Vips, ranks 55 out of all the Spanish leaders with the best reputation according to the 2018 Merco Leaders results, having moved up from no. 83 in 2017.

Some of the aspects considered in preparing this report include economic results, ethical behavior, transparency, good corporate governance, an environmental commitment, job quality and commercial offering.

Merco is a reference that measures the reputation of companies and their leaders, which is renowned for its independence and impartialness. It revealed the companies and leaders with the best reputation following an exhaustive and detailed analysis of more than 38,000 surveys, 22 stakeholders and around 200 target indicators in addition to an independent review of the results by KPMG, pursuant to the ISAE 3000 standard.

Furthermore, Grupo Vips was listed in the ranking of the companies with the best reputation in Spain, as per RepTrak® Spain 2018, as the only restaurant business to be included on the list.   The results of the "RepTrak 2018” report, which is prepared by Reputation Institute on corporate image, were presented in April. Grupo Vips ranks 35, sharing the podium with only eleven other Spanish companies included in the study: Central Lechera Asturiana (6), ONCE (13) Calidad Pascual (20), Campofrío (22), Grupo Calvo (23), Estrella Galicia (25), Mahou-San Miguel (30), Grupo Vips (35), Mercadona (42), Inditex (47) and El Corte Inglés (49).

About Grupo Vips: Grupo Vips is one of the leading multi-brand and multi-format groups in the organized restaurant sector in Spain. The company manages a total of six well-known brands it either owns or operates under franchising agreements: VIPS, VIPS Smart, GINOS, Fridays, Starbucks and wagamama. Moreover, Grupo Vips has a premium sandwich, salad and take-away product factory, BSF. The company manages a total of 400 locations serving more than 120,000 customers a day. It runs a pioneer and restaurant sector-leading loyalty program, Club VIPS, with more than 1,000,000 members throughout Spain.  The App, which is unique in the market and was released at the end of April 2015, has already been downloaded more than 1 million times. Grupo Vips is a private equity company which was founded in 1969. Seventy percent of Grupo Vips shares are held by majority shareholders and founders, led by the Arango family, and 30% are held by the ProA Capital fund. Grupo Vips employs more than 9,300 people and ended fiscal year 2017 with 415 million euros in turnover. For the second consecutive year, Grupo Vips was listed in the ranking of the companies with the best reputation in Spain, as per the RepTrak® Spain 2018, as the only restaurant business to be included on the list. www.grupovips.com