Ireland
Coverage explores foodservice and hospitality developments across Ireland, with a focus on key markets such as Dublin, Belfast, Cork, and Galway. Reporting includes brand expansion, trading trends, independent operator activity, and cross-border supply chain updates. Content is tailored for UK businesses tracking regional growth, consumer behaviour, and strategic moves by hospitality brands operating in or entering the Irish market.
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May- 2024 -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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7 MayPubs and Bars
Drinks sales dip in ‘soggy’ end to April
Drinks sales in managed venues for the week to last Saturday (27 April) saw a “disappointing” end to April after generally solid trading over the spring, according to data from CGA Strategy. Although daily sales were up by 11% year-on-year on Sunday (21 April), thanks to a strong round of…
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3 MayFood and Drink
Yum! Brands revenues dip 3% to $1.5bn in Q1
Yum! Brands, which operates KFC, Taco Bell and Pizza Hut, reported a 3% decline in revenue to $1.5bn (£1.1bn) for the first quarter ended 31 March. Operating profit for the group also declined by 1% to $520m (£414m), while core operating profit grew 6%. KFC revenues declined by 8% to…
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2 MayRestaurants
Ikoyi launches first takeaway menu with Uber Eats
Two Michelin-starred restaurant Ikoyi has announced the launch of its first takeaway menu alongside Uber Eats. The menu is priced at £60 for all five courses and will feature Ikoyi’s original Jollof Rice. It also includes a green slaw and crispy fried chicken with the Ikoyi classic combo of scotch…
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2 MayFood and Drink
Domino’s Q1 in line with expectations despite ‘slow’ January
Domino’s has revealed in a trading update that Q1 performance is in line with expectations, as it experienced positive like-for-like sales and total orders across February and March after a “slow” January. While like-for-like sales are down 0.5% on the same period last year, Domino’s Q1 like-for-like sales increased 8.4%…
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1 MayCatering Companies
Compass Group completes CH&CO acquisition
Compass Group UK and Ireland has announced that it has completed the deal to acquire catering company, CH&CO. The acquisition sees CH&CO’s portfolio of brands, which include Gather and Gather, Vacherin and Company of Cooks, join Compass’ group of companies, resulting in a broad client proposition. CH&CO has operations covering…
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Apr- 2024 -17 AprilNews
Today’s news in brief – 17/04/24
Just Eat has revealed a UK&I Gross Transaction Value growth of 11% to £1.4bn in Q1 2024. However, the total number of orders decreased 6% to 214 million, compared to 227 million the previous year. Only in the UK and Ireland the number of orders during the period slightly increased…
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17 AprilNews
Just Eat UK&I GTV rises 11% in Q1
Just Eat has reported a UK&I Gross Transaction Value (GTV) growth of 11% to €1.7bn (£1.4bn) in Q1 2024. Northern Europe GTV also increased 5% to €2bn (£1.7bn) while Southern Europe and ANZ dipped 15% to €495m (£422m). Total GTV for the company amounted to €6.5bn (£5.5bn). However, the total…
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