Catering Companies
The latest news and updates on catering companies, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Jan- 2021 -11 January
Sodexo sees 27% total group revenue decline
Sodexo has reported that for the first quarter fiscal 2021, total group revenue declined 27% to €4.4bn (£3.2bn) from €6.07bn (£4.5bn) for the same period last year, attributed to the impact of Covid-19. Founded by Pierre Bellon in 1966, the company operates in 64 countries and serves 100 million consumers…
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Dec- 2020 -17 December
SSP revenue halves as sales dented by Covid-19
SSP, one of the UK’s leading travel food and beverage groups, has reported that revenue plunged by 47.9% to £1.4bn in the full-year ended 30 September 2020. The group’s like-for-like sales also fell 50.8%, after they were “heavily impacted” by the various lockdown measures resulting from the pandemic and the…
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3 December
Compass names Matt Thomas as MD for RA Group
Compass Group UK and Ireland has announced the appointment of Matt Thomas to its executive team as MD of RA Group on 4 January 2021. RA Group is a collection of specialist food and guest services companies and includes Restaurant Associates, Rapport, RA Venues and commercial restaurant partnerships including City…
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3 December
Fooditude joins Sodexo group
Fooditude has announced it will be joining the Sodexo family in both the UK and Northern Ireland. The catering company said its “delivered-in model” of producing high quality fresh food from its 20,000 square feet central production unit “complements Sodexo’s global strategy” in investing in B2B foodservice delivery. Fooditude founders…
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Nov- 2020 -24 November
Compass profit plummets 82% in full-year results
Compass has reported that operating profit plummeted 82% to £294m in the year ended 30 September, down from a profit of £1.6bn reported the year before. The catering company also saw revenue fall by 19.8% to £19.9bn due to the ongoing impact of Covid-19, as well as resulting lockdown restrictions…
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16 November
Gategroup announces financial restructuring
Gategroup Holdings has announced that its shareholders, RRJ Capital and Temasek, and all bank lenders have reached a principle agreement to support a “comprehensive restructuring of the group’s financial indebtedness”. The catering company said the proposed transaction will reportedly provide the group with “significant new liquidity” to address the company’s…
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5 November
Do & Co to axe over a 1,000 jobs
The Unite union has claimed more than 1,000 catering jobs at Do & Co, Heathrow’s largest caterer, are at risk. The union said the catering company, which serves British Airways, is making 1,068 staff redundant, bringing its total to 1,377 job losses, since the pandemic started. Just 507 staff will…
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Oct- 2020 -29 October
WSH acquires Bartlett Mitchell
Westbury Street Holdings (WSH), has announced the acquisition of catering company Bartlett Mitchell for an undisclosed sum. Bartlett Mitchell, founded in 2000 by Wendy Bartlett and Ian Mitchell, offers food services to a variety of clients across the UK. Bartlett said: “Our clients will gain from our combined resources. With…
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21 October
BBC catering staff face redundancy
The BBC has entered a consultation process with on-site catering staff at two of its Scottish sites, which may result in a number of redundancies at its Dumbarton studio and Glasgow HQ. While the broadcaster did not confirm the extremity of job loss risks, the situation is undergoing a review…
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Sep- 2020 -1 September
The Good Eating Company launches workplace delivery service
The Good Eating Company (GEC) has announced the launch of Good Eating Delivered, a new workplace food delivery solution for London-based workers. According to the group, the service is designed for urban markets and will “support businesses as they look to re-engage with their employees and clients in a safe…
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