Noci

Various Eateries CEO steps down

Various Eateries PLC, the owner, developer and operator of clubhouse, restaurant and hotel sites in the United Kingdom, has today (11 September) announced that Yishay Malkov has agreed his resignation with the board.  He will step down from his role as director and chief executive officer of the company, and…

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Various Eateries sales up 16% to £20m in H1

Various Eateries’ revenues have increased by 16% to £20.6m in the half-year ending 2 April, up from £17.7m in H1 2022, while like-for-like sales marginally increased. Despite this, the group reported a decrease in gross profit to £0.6m, down from £1.5m in the same period last year, and a loss…

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Noci to open second venue at Battersea Power Station

Pasta restaurant Noci has announced the opening of a second restaurant at the newly-restored Battersea Power Station on Tuesday 16 May.  The news comes a year after Noci first opened in Islington, following a successful pop-up at Mortimer House the previous November.  According to the restaurant, it will continue the…

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Various Eateries FY losses widen amid margin pressures

Various Eateries has seen its pre-tax loss widen to £7.2m, up from a loss of £3.7m 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 “until there was more certainty around the trajectory of…

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Various Eateries sales ahead of market expectations for FY22

The operator of all-day club and restaurant sites in the UK, Various Eateries, has reportedly delivered a “solid” trading performance for FY22, with sales for the year expected to be ahead of market expectations at over £40m.  It is reported that for the six months between 4 April and 2…

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Various Eateries revenues surge 439% to £17.8m

Various Eateries PLC has reported its revenues surged 439% year-on-year from £3.3m to £17.8m for the 26-week period ending 3 April 2022, driven by new site openings and reflecting fewer restricted periods of trading. Adjusted EBITDA also rose to £1.7m, compared to a £2.5m loss in H1 FY21, and loss…

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Various Eateries revenue soars 439% in H1

Various Eateries has welcomed a period of “robust” trading in the half-year ended 3 April 2022.  Total group revenue for the period was £17.8m, up 439% year-on-year against £3.3m in H1 FY21, largely driven by new site openings and reflecting fewer restricted periods of trading. While part of the period…

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