Germany
Coverage explores foodservice, hospitality, and retail trends in one of Europe’s largest markets, including brand expansions, sustainability practices, operational models, and menu innovation relevant to UK operators. Reporting offers international context for businesses tracking consumer behaviour, competitive strategy, and growth opportunities across continental Europe.
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May- 2024 -16 MayNews
Today’s news in brief – 16/05/24
Compass Group raised its 2024 profit guidance as revenues rose 11.2% during H1. The group also reported an 18.7% rise in underlying operating profit to £1.16bn. Moreover, it spent £294.3m on M&A, including the acquisition of Hofmann in Germany and CH&CO in the UK and Ireland completed, the latter being…
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16 MayCatering Companies
Compass raises profit and revenue guidance amid strong HY
Foodservice company Compass Group has raised its 2024 profit guidance towards 15% with organic revenue growth of 10% as the group reported an 11.2% increase in revenues to $20.9bn (£16.5bn) during H124. The group also reported an 18.7% rise in underlying operating profit to $1.47bn (£1.16bn). Additionally, its underlying profit…
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9 MayNews
Today’s news in brief – 09/05/24
Brewdog co-founder and CEO James Watt will step down after 17 years in charge. He informed the board of his decision last year and will be replaced by the company’s chief operating officer, James Arrow. He will still own 21% of the company and will hold the newly created title…
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9 MayPubs and Bars
Pubs granted extended hours for Euros
The government has announced that pubs will be allowed to stay open till 1am should either England or Scotland make the semi finals of this summer’s European Championship. The decision will only cover venues in England and Wales as Scotland and Northern Ireland have their own licensing laws. Home Secretary…
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Feb- 2024 -22 FebruaryRestaurants
Sticks n Sushi secures £22m loan
Sticks n Sushi has revealed that it has secured a £22m loan from Oak North Bank to support further growth. The business was acquired by leading private equity firm, McWin Capital Partners, in January this year. McWin is a sector specialist with stakes in a number of chains, including: Gail’s…
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Dec- 2023 -6 DecemberNews
EG Group to sell 218 KFC franchise restaurants
EG Group has announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division. The transaction agreed by EG Group – the largest KFC franchisee in the UK and Ireland – is an additional…
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Oct- 2023 -27 OctoberFeatures
Say Cheese – Discover an assortment of plant-based cheeses at the Plant Based World Expo
The quest for delicious plant-based cheese has long been a challenge, with various styles serving different culinary purposes, from pizza toppings to sandwich spreads and cheesecake fillings. However, at this year’s Plant Based World Expo Europe, an exciting array of plant-based, dairy-free cheeses takes centre stage, promising to cater to…
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23 OctoberSponsored
Plant Based World predicts long-term growth and top industry trends
Plant Based World Expo Europe, the largest 100% plant-based trade event in Europe, is unveiling future trends and what we can expect from the food industry, marking the beginning of ‘Plant Based 2.0’. Long term growth in the plant-based food industry is being led by the UK, one of the…
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Jun- 2023 -5 JuneFeatures
The rise of the gluten free demand: how should businesses accommodate it?
Where did the idea of growing and processing gluten free oats come from? This is our home from I think about 1970 and I grew up on Glebe Farm. From 2009 we started to do gluten free oats because we wanted to start selling again things we could grow on…
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Apr- 2023 -25 AprilBusiness
Whitbread’s profits hit £413m amid strong Premier Inn performance
Premier Inn owner Whitbread Plc has reported that its annual adjusted pre-tax profit increased to £413m, for the 12 months to March 2, 2023 against a loss of £16m the previous year. The report revealed that the result topped the pre-pandemic annual profit level of £358m achieved in 2019-20. Revenue…
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