EBITDA
Our coverage highlights EBITDA disclosures from restaurant groups, pub chains, contract caterers, and bar operators, offering context on profitability, operational efficiency, and business resilience. Whether you’re benchmarking performance, preparing for investment, or assessing the health of competitors, we break down the numbers and explain what they mean for decision-makers across the sector. Our reporting helps F&B executives, operators, and finance leads make sense of the metrics behind the margins.
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Feb- 2023 -28 FebruaryRestaurants
Various Eateries FY losses widen amid margin pressures
Various Eateries has seen its pre-tax loss widen to ยฃ7.2m, up from a loss of ยฃ3.7m in FY21, as profitability was impacted by higher costs and margin pressures. The group said it had resisted passing price increases onto customers in full โuntil there was more certainty around the trajectory of…
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16 FebruaryFood and Drink
SSP Group UK trading hit by rail strikes in Q1
SSP Group has seen its UK sales performance weakened by rail strikes in the first quarter of FY23, as revenues hit only 83% of 2019 levels at ยฃ215m. Its overall Q1 performance in the region reflected both the seasonally higher weighting of rail and the impact of more industrial action…
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9 FebruaryPeople
Various Eateries poaches RedCat CFO
Various Eateries is set to appoint Sharon Badelek as chief financial officer (CFO), with effect from 1 April 2023. Badelek has a career spanning more than 30 years, having held financial leadership positions at several high-profile leisure and hospitality businesses. Most recently, she was CFO of RedCat Pub Company, where…
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Jan- 2023 -18 JanuaryPubs and Bars
Revolution Bars issues profit warning amid temporary closure plans
Bar group Revolution has announced that it will close some sites on Mondays and Tuesdays in January and early February in an attempt to save on energy bills. The announcement came in a trading update delivered to investors in which it reduced its EBITDA guidance for the full year and…
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9 JanuaryRestaurants
Giggling Squid FY turnover doubles to ยฃ66m
Thai restaurant chain Giggling Squid has announced that its FY turnover doubled to ยฃ66m, up from ยฃ33.9m the previous year. For the full-year period ended April 2022, the company stated that its EBITDA was ยฃ11.1m for the period compared with ยฃ5.5m in the year to March 2021. It believed that…
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5 JanuaryRestaurants
Six by Nico unveils expansion plans amid strong sales
Sixco Limited, the group behind the Six by Nico restaurant network, has unveiled โambitiousโ expansion plans following a period of strong turnover and profits. The group, which operates from across 13 sites in the UK and Ireland, recorded a turnover of ยฃ30.8m for the year to June 2022, against the…
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Dec- 2022 -21 DecemberPubs and Bars
Drake and Morgan sees post-covid rebound as losses narrow to ยฃ1.4m
Restaurant and bar Drake and Morgan has revealed it has seen its losses narrow to ยฃ1.4m, down from a loss of ยฃ19m, in its results for the full year ended 27 March 2022. The company posted turnover of ยฃ35.9m compared with ยฃ5.2m last year and adjusted EBITDA profit of ยฃ5m…
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6 DecemberCatering Companies
SSP profits hit ยฃ91.5m in FY22
The operator of food and beverage outlets in travel locations, SSP Group, has reported operating profits of ยฃ91.5m for the year ended 30 September after suffering a loss of ยฃ209m in 2021.ย The group has attributed its return to profitability to the rapid recovery in passenger demand through the year,…
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2 DecemberPubs and Bars
ETM Group secures ยฃ11m funding deal
Sports and roof-top bar operator ETM Group Limited has secured over ยฃ11m in funding from alternative lender ThinCats. The funding has enabled the ETM to refinance the entirety of its bank loans as well as providing โsuitableโ working capital headroom to underpin further growth. ETM was founded in 2000 and…
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1 DecemberRestaurants
Loungers revenues rise by 53% in H1
Loungers has reported that it is โwell-placedโ to out-perform during a recession as its revenues grew by 53% in the 24 weeks ended 2 October compared to the first half of 2020.ย Over the period, Loungersโ accrued an adjusted EBITDA of ยฃ19.3m, a growth of 33.4% compared to the same…
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