Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Dec- 2024 -4 DecemberCafes and Coffee Shops
Costa Coffee and Freemans bring kiosk concept to London
A fleet of Costa Coffee kiosks are set to hit some of the UK’s biggest live events next year, as part of a deal between the company and Freemans Event Partners. The move builds on the success of the collaboration between Freemans Event Partners and Costa Coffee during the Summer’s…
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3 DecemberNews-In-Brief
Today’s news in brief – 03/12/24
SSP Group saw FY24 revenues rise by 17% to £3.4bn, as operating profits jumped by 32% to £206m during the period. It comes as the group performed well in North America, the UK, and APAC and EEME, despite a “disappointing” run in Continental Europe. Thanks to strong revenue growth in…
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3 DecemberCatering Companies
SSP Group revenues rise 17% to £3.4bn in FY24
Travel caterer SSP Group has reported that revenues rose 17% to £3.4bn in the year ended 30 September, as operating profits jumped by 32% to £206m within the range of its planning assumptions. The group has performed well in North America, the UK, and APAC and EEME, having benefited from…
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Nov- 2024 -27 NovemberFeatures
Key takeaways from HOSPACE 2024
The HOSPACE 2024 conference, hosted by the Hospitality Professionals Association (HOSPA) on 14 November at the Royal Lancaster London, marked a milestone in an unexpectedly positive year for UK hospitality. With record attendance exceeding 600 leaders and innovators, the event delivered critical insights and discussions on the industry’s evolving landscape. …
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27 NovemberNews-In-Brief
Today’s news in brief – 27/11/24
Mitchells and Butlers total revenues hit £2.6bn in FY24, with like-for-like sales growing by 5.3%. This comes as the pub group has risen to a profit of £19m in its full-year results, up from a previous loss of £13m, following a strong trading performance. Post year-end, Mitchells and Butlers has…
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27 NovemberCatering Companies
Compass operating profit up 16.4% to $3bn
Compass catering has announced that its operating profit has risen 16.4% to $3bn (£2.38bn) for the year ended 30 September 2024. Alongside this, the company’s revenues rose 10.6% to $42.2bn (£33.5bn) compared with $38.1bn (£30.2bn) in the previous year. This was accompanied by a net new business growth of 4.2%,…
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20 NovemberFeatures
A guide to attracting Christmas reservations
Online advertising and social media campaigns Getting into the Christmas spirit isn’t just about decorating your venue, it’s also about decking out your online presence. With almost half of all reservations being processed online last year, customers are increasingly searching online for places to dine, and seeking venues that offer…
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19 NovemberNews
Plant Based World Expo demonstrates continued hunger for innovation in London
Plant Based World Expo Europe, the only 100% plant-based professional event for retail and foodservice, concluded its 2024 event in ExCeL London with just under 3,000 people in attendance. Drawing a record number of buyers in the room seeking plant-based products for their business, it attracted retailers, caterers, restauranteurs, manufacturers…
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15 NovemberPubs and Bars
Young’s H1 revenues rise 27.2% to £250m
Young’s has reported that total revenues rose 27.2% to £250m for the 26-week period to 30 September, as like-for-like revenues rose 4.4% due to an “excellent” Euros turnout. During the period, adjusted EBITDA also rose 23.2% to £59m and managed house EBITDA increased by 25.1% to £73.8m. Despite continued National…
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14 NovemberBusiness
Business leaders’ confidence drops as costs rise
Optimism among Britain’s hospitality leaders has taken a sharp downward turn with only 41% of leaders feeling confident about prospects for their business over the next 12 months, according to data from CGA. This is a dip of 8 percentage points from August’s figure of 49%, a fourth quarter-on-quarter decline…
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