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- 2023 -3 FebruaryPubs and Bars
Little Door and Co reports £1.3m December sales
House party-inspired late night bar and restaurant Little Door and Co has announced that it saw £1.3m of sales in December 2022, a record for the company. Overall revenue for the company was up 166% in December compared with the previous year. The company’s only Central London venue,The Little Scarlet…
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Jan- 2023 -30 JanuaryFeatures
Dining out on success: The rebound of seated dining numbers
At the start of the year Opentable released its study into the nation’s dining habits for 2022. In it the company found that seated dining numbers had risen dramatically on the back of the end of lockdown restrictions. Robin Chiang discusses why this happened and how Opentable went about collecting…
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30 JanuaryBeverages
Caffe Nero sales hit £150m in H1
Coffee shop chain Caffe Nero has announced sales of £150m for the first half of FY23. This number is an increase of 104% compared with pre-pandemic levels and an increase of 17% compared with the same period in FY22. The company also announced that its sales in December 2022 were…
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18 JanuaryPubs and Bars
Revolution Bars issues profit warning amid temporary closure plans
Bar group Revolution has announced that it will close some sites on Mondays and Tuesdays in January and early February in an attempt to save on energy bills. The announcement came in a trading update delivered to investors in which it reduced its EBITDA guidance for the full year and…
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11 JanuaryPubs and Bars
Nightcap hails ‘record’ Q2 results despite rail strikes
Nightcap has welcomed “record” trading in its latest quarter, with revenues up by 60.9% to £12.9m and like-for-like sales up by 4.7%, despite rail strikes impacting hospitality over the period. Group revenue for the month of December 2022 was £5.9m, a 71.8% increase compared to the £3.4m reported in December…
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9 JanuaryRestaurants
Tortilla revenues rise 20% in FY22
Tortilla has seen group revenue rocket 20% to £57.7m in FY22, up from £48.1m the prior year, as it welcomed a “highly resilient” performance despite macroeconomic challenges. UK like-for-like sales were up by 16.4% against FY19, as trading was boosted by a net increase of 18 sites in the period,…
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Dec- 2022 -7 DecemberPubs and Bars
M&B profits hit £240m in FY22
The operator of managed restaurants and pubs, Mitchells and Butlers, has achieved an adjusted operating profit of £240m for the 52 weeks ending 24 September 2022, compared to only £29m the previous financial year. M&B reports that its profits have “broadly” recovered to pre-pandemic levels, excluding the impact of energy…
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6 DecemberPubs and Bars
Marston’s returns to profit in FY22
Marston’s has returned to profit in the year ended 1 October 2022, with pre-tax profits hitting £163.4m, up from a loss of £171.1m the prior year, as the group welcomed a return to normalised trading. It comes as like-for-like sales reached 99% of 2019 levels despite a disrupted Christmas trading…
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6 DecemberCatering Companies
SSP profits hit £91.5m in FY22
The operator of food and beverage outlets in travel locations, SSP Group, has reported operating profits of £91.5m for the year ended 30 September after suffering a loss of £209m in 2021. The group has attributed its return to profitability to the rapid recovery in passenger demand through the year,…
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1 DecemberRestaurants
Loungers revenues rise by 53% in H1
Loungers has reported that it is “well-placed” to out-perform during a recession as its revenues grew by 53% in the 24 weeks ended 2 October compared to the first half of 2020. Over the period, Loungers’ accrued an adjusted EBITDA of £19.3m, a growth of 33.4% compared to the same…
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