Heartwood Collection FY turnover jumps 21.7% to £82.7m

Heartwood Collection has reported a 21.7% jump in turnover to £82.7m, from £67.9m, during the year ended 29 June 2025, as site EBITDA increased from £11.7m to £13.3m despite cost pressures. 

As a result of the group’s performance, Heartwood now expects turnover to reach £100m in the current financial year. 

Between 1 December 2025 and 4 January 2026, the group experienced an 8.3% like-for-like sales rise across its 34 Heartwood Inns. Meanwhile, average gross weekly sales reached £97k in the pubs-with-rooms division and £70k at Brasserie Blanc during the same five-week period.  

Growth was supported by six new openings in the 2025 financial year, including pub-with-rooms in Emsworth, Lewes, Newbury and Epping Forest. 

The group also added standalone pubs in Lymington and East Barnet, while also acquiring sites in Stratford-upon-Avon and Great Bookham. 

Expansion continues into the new year with the upcoming opening of Heartwood Collection’s 48th site in Southgate on 3 February and a further opening scheduled for Ampfield this spring. 

The group revealed its ambition to reach 500 bedrooms by 2027, funded by new debt facilities from Heritage Development Finance and backing from Alchemy Partners. 

Richard Ferrier, chief executive of Heartwood Collection, said: “The year to June 2025 marked another excellent year of progress for Heartwood, combining sustained sales growth and continued investment in our freehold pubs-with-rooms portfolio.

“With positive festive trading, a maturing freehold rooms estate and a healthy pipeline for 2026, we are well positioned to build one of the UK’s most admired premium hospitality businesses. These results reflect the extraordinary commitment of our teams across the group, for which I am immensely grateful.”

In addition, the group revealed that chief financial officer Chris Guy officially stepped down on 31 December 2025, after holding the role since 2018 and assisting with the 2022 sale to Alchemy partners. 

Finance director Henry Olney has been appointed interim chief financial officer, having been with the hospitality company for eight years.

Guy said: “It has been a privilege to be part of the management team at Heartwood Collection. I am confident that the strong foundations now in place will continue to serve the business well as it grows. I am sad to be stepping back, but I do so with great pride in what we have achieved together and with every confidence in the company’s continued success.”