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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Sep- 2024 -26 SeptemberCatering Companies
Freemans Event Partners appoints new CCO
Freemans Event Partners has announced the appointment of Natasha Thiebaut as its new chief commercial officer. Thiebaut has more than 25 years’ experience in the venue business, having worked with institutions such as Everton FC, FC Porto and Leinster Rugby. She has also worked at national stadiums including the Luzhniki…
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25 SeptemberNews
Today’s news in brief – 25/09/24
Tortilla saw revenues in H1 fall from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision to end its ties with Deliveroo. This move culminated in an “expected” delivery revenue decline of 10.3% like-for-like, albeit with improved delivery profitability of £0.5m in the first half.…
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25 SeptemberFood and Drink
Tortilla H1 revenues dip following change to delivery strategy
Tortilla has revealed that revenues for the first-half period to 30 June fell from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision in the first quarter to condense to a dual delivery partnership – ending its ties with Deliveroo. This move culminated in an…
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20 SeptemberFeatures
The implications of Edinburgh’s Visitor Levy Act
The Visitor Levy Act, which was passed by the Scottish Parliament in May 2024 and received Royal Assent shortly after in July, grants local councils the authority to implement a tax on overnight accommodation, commonly referred to as a “visitor levy” or “tourist tax”. This new legislation represents a significant…
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19 SeptemberTrade Associations
ASLEF accepts pay deal ending industrial action
Train drivers union ASLEF has voted to accept a multi-year pay deal bringing to an end a two-year dispute with 16 train companies. Members of the union voted 96% in favour of the deal which will see drivers receive a pay rise of 15% over the next three years. Secretary…
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18 SeptemberNews
Today’s news in brief – 18/09/24
Comptoir Group has seen its loss after tax widen to £1.7m in H1, despite reporting a revenue rise of 7.4% to £15.9m. Adjusted EBITDA loss before highlighted items also widened to £0.6m from £0.3m a year earlier. The group has attributed its mounting losses to its sustained restaurant opening programme. …
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18 SeptemberRestaurants
Comptoir Group losses widen to £1.7m in H1 despite revenue rise
Comptoir Group, the operator of Comptoir Libanais, Kenza, Shawa and Yalla Yalla, has seen its loss after tax widen from £0.8m to £1.7m in the six-month period to 30 June, despite reporting a revenue rise of 7.4% to £15.9m. Adjusted EBITDA loss before highlighted items also widened to £0.6m from…
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17 SeptemberNews
Today’s news in brief – 17/09/24
Pret A Manger’s global sales have hit £1.1bn for the first time in FY23, following its expansion into overseas markets. This comes as the group achieved its medium-term growth target during the period, which was set in 2021. The group aimed to double its size within five years, but instead…
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17 SeptemberNews
Knoops launches fundraise amid 110% FY revenue increase
Knoops is ring-fencing at least £1m in a campaign via Crowdcube to allow its customers to join existing investors in a wider £5m EIS fundraise as the company sees revenue increase in FY24. The proceeds will allow Knoops to add to its 21 stores in the UK, expand its retail,…
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10 SeptemberBusiness
UKHospitality calls for permanent, lower multiplier to avoid high business rates
UKHospitality is calling for a permanent, lower hospitality multiplier to avoid sky-rocketing business rates bills for thousands of hospitality businesses in April 2025. With current business rates relief set to end on 31 March next year, the chancellor must act to ensure already cash-strapped hospitality businesses aren’t left facing the…
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