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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Feb- 2024 -21 FebruaryAdvice
How hospitality businesses can survive in 2024
2024 has only just begun, and we’ve already witnessed a spate of small business closures across the hospitality sector. With the winding up of independent businesses across England, Wales and Scotland, questions have again been raised about the amount of governmental support available to one of the UK’s most beloved…
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15 FebruaryNews
Knoops revenues up 23% since Christmas
Chocolate drinks expert Knoops has reported a 23% revenue increase on a LFL basis for the start of the year. In addition to over-the-counter, barista-prepared drinks, sales of chocolate flakes in stores are continuing to perform strongly – also up 23% LFL. Online sales in January were up 163% on…
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12 FebruaryNews
Azzurri Group revenues hit £258m in FY23
Azzurri Group has reported a 9% revenue increase to £258m for FY23 which ended on 30 June. The group – which owns Zizzi, Ask Italian and Coco di Mama – reported “strong” trading performance by all brands, with increases in volume and spend per head. EBITDA was also up 21%…
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8 FebruaryNews
Hawksmoor revenues jump 20% to £90m in 2023
British steak restaurant company Hawksmoor has announced a revenue increase of 20% to £90m, with its established restaurants delivering EBITDA margins in excess of 20%. In 2023 the company opened another international restaurant – Hawksmoor Dublin opened in May, hitting weekly sales highs in excess of €230k (£196k) – and…
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7 FebruaryPubs and Bars
Liberation Group revenues hit £140m
Liberation Group, a privately owned premium pub operator and brewing group, has reported a “record” performance for the year ended 27 January 2024, as its total group revenues were up 22.5% to £140m versus the same period last year. With sites stretching from Mayfair in London to St Aubin in…
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5 FebruaryFood and Drink
Chopstix opens at Victoria Station
Chopstix has announced the opening of a new site at Victoria Place, the shopping and eating destination above Victoria Station, London, marking its second opening of 2024. The new Victoria Place site is located on the shopping centre’s first floor Food Terrace and marks another important strategic step in growing…
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1 FebruaryFood and Drink
Various Eateries reports FY23 losses despite 12% rise in revenues
Various Eateries has reported an adjusted EBITDA loss of £2.2m, despite revenues growing 12% to £45.5m during the year ending 1 October 2023. The loss has been attributed to the board’s decision to absorb the majority of price rises in a bid to strengthen Various Eateries’ long-term prospects. While total…
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Jan- 2024 -30 JanuaryFood and Drink
Chipotle to open first location in Uxbridge
Chipotle has announced that it is set to open its first restaurant in Uxbridge, London on 5 February. Chipotle currently has 17 locations in the Greater London area and is the only company of its size that owns and operates all of its restaurants in the US, Canada, and Western…
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29 JanuaryRestaurants
Buzzworks sees revenues rise to £29.9m
Buzzworks Holdings Limited has reported a 19% increase in revenue to £29.9m for the year ending 30 April 2023. Its like-for-like sales were also up 5.3% for the five weeks to 31 December 2023 which came on top of “strong growth” last year. However, the group recorded underlying EBITDA before…
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25 JanuaryRestaurants
SushiDog secures £800k investment for London openings
Quick service restaurant chain SushiDog has secured an investment of £800k from Middleton Enterprises to fuel the opening of four new sites in London. The news marks the second funding round into SushiDog, as Middleton Enterprises invested £612k into the business in April 2023. SushiDog’s ‘grab and go’ model offers…
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