Dividends
Reporting on shareholder returns, payout policies, and financial strategies relevant to publicly listed and privately held hospitality businesses. This section explores dividend declarations, investor sentiment, trading performance, and capital allocation decisions across restaurant groups, pub operators, and F&B-led businesses, offering insight for executives, stakeholders, and operators monitoring profitability and market positioning in a volatile economic environment.
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Apr- 2025 -7 AprilPubs and Bars
Wells and Co revenues rise 5.6% to £65.8m in FY24
The operator of pubs and breweries, Wells and Co, has revealed that revenues rose by 5.6% to £65.8m in the year to 30 September 2024, despite tough trading conditions. As well as a revenue uplift, group EBITDA rose by 4.2% to £9.9m during the period. In the UK, EBITDA for…
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Mar- 2025 -14 MarchFood and Drink
Domino’s FY PBT rises 8.4% to £107.3m
Domino’s has revealed that its underlying profit-before-tax rose 8.4% to £107.3m for the year ended 29 December 2024, up from £99m in the previous year. Alongside this, the company’s system sales rose 2% from £1.54bn last year up to £1.57bn this year. Furthermore, the takeaway pizza company saw its underlying…
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Oct- 2024 -4 OctoberAdvice
What hospitality operators should know about the new tipping act
As of 1 October 2024, the Employment (Allocation of Tips) Act is being enforced, bringing significant changes to the way hospitality businesses must handle tips and service charges. This new legislation mandates that all customer tips be passed directly to staff without deductions. A recent study has revealed that only…
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Feb- 2023 -22 FebruaryNews
Oasis reiterates ‘need for transparency’ amid Wagamama’s performance
Oasis, the Hong Kong-based activist investor, has again reiterated the need for transparency from The Restaurant Group (TRG) – the owner of Wagamama – following a response to its open letter which demanded sweeping changes after a 65% slump in share over the past year.In an open letter last week,…
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Dec- 2022 -12 DecemberRestaurants
69% of hospitality staff worry about financial implications of sick leave
Some 69% of UK employees in the hospitality and leisure sector are worried about the financial implications of taking time off work for a physical or mental illness, according to a cross-sector survey commissioned by wellbeing and performance experts GoodShape in conjunction with YouGov. The survey also revealed that four…
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Nov- 2022 -17 NovemberNews
Chancellor freezes tax thresholds in Autumn statement
Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax cuts and spending cuts totalling £55bn in the Autumn statement. As part of the new measures, Hunt confirmed that tax as a percentage of GDP will rise by over 1%…
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Sep- 2022 -13 SeptemberPeople
200 Degrees appoints new head of people
Independent specialty coffee roasters, 200 Degrees Coffee, has announced the appointment of Charlotte Coore as the group’s new head of people. In her new role, Coore will be leading the business’ HR department. The news comes as 200 Degrees, which operates 17 coffee shops across England and Wales, has recently…
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May- 2022 -16 MayNews
TRG faces investor backlash over CEO bonus
The Restaurant Group (TRG) is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the company’s chief executive, Andy Hornby, has received the highest pay since 2017, while benefiting from government support. According to the Guardian, the Institutional Voting Information Service (IVIS), which is part of the…
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Apr- 2022 -27 AprilRestaurants
City Pub Group hails recovery as it eyes 65 sites by 2023
The City Pub Group has reported a loss of -2.9m for the year end 2021, up from a-£6.5m loss over the same period in 2020, as it revealed trading is beginning to reach pre-pandemic levels. The group, which operates 41 pub sites, said Its revenues increased 37% during the period…
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Mar- 2022 -18 MarchAnalysis
13 Spring Statement predictions
With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only been exacerbated by Russia’s invasion of Ukraine, all eyes will be on the chancellor when he makes his Spring Statement speech on 23 March 2022. Here, Christy Wilson, tax associate…
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