Frozen yoghurt brand Llaollao witnessed its net turnover surge 46 per cent to €41.3 million (US$44.8 million) last year amid the opening of 93 new stores globally.

The company ended the year with 397 points of sale worldwide, including 217 in Asia. The brand noted significant expansion in Malaysia, Indonesia, Singapore and the Philippines.

Global sales from company-owned stores and franchise and master franchise arrangements grew 38 per cent to €104.5 million, with 55 per cent of the sales coming from Asia and 40 per cent in Europe.

“Last year was a period of growth and strengthening for our company, confirming that we are on the right path, and we have adopted an appropriate strategy,” said Pedro Espinosa, Llaollao co-founder and CEO.

“Furthermore, these figures reinforce our intention to continue analysing all growth opportunities in new markets that make strategic sense, always prioritising the profitability of our points of sale.”