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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Oct- 2022 -3 OctoberRestaurants
Tortilla warns of £2.3m hit in FY22 amid inflationary pressures
Tortilla has warned that it faces future challenges from rising protein and energy prices, expecting to take a £2.3m hit in its full-year results amid increased inflationary pressures on the industry. For now, its revenue rose by 30% to £26.9m in the first half of FY22, up from £20.8m the…
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Sep- 2022 -28 SeptemberBusiness
Just Eat to return to profit earlier than expected
Just Eat Takeaway.com has said it expects to return to profitability earlier than initially expected, with the group on track to generate positive adjusted EBITDA in the second half of 2022. The group said it expects to generate positive adjusted EBITDA in the second half of 2022, an improvement compared…
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26 SeptemberPubs and Bars
Scratch Consultancy expands lease with Star Pubs and Bars
Business consultancy company, Scratch Consultancy, has taken the lease on its second site with Star Pub and Bars, The Compasses in Chelmsford, with aspirations to build an estate of five pubs across Essex and North Kent with the pub and bar operator. The two companies will undertake a joint £250k…
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21 SeptemberRestaurants
Hostmore revenues jump 147% in H1
Hostmore has announced that its revenues surged 147% to £98.5m for the 26 weeks ended 3 July 2022 (H1 FY22), compared to £39.9m in H1 FY21, when business was “significantly” impacted by the pandemic. The hospitality business owns brands including Fridays, 63rd+1st and Fridays and Go. Both volume and customer…
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2 SeptemberFood and Drink
Deliveroo Q2 growth slows amid increased consumer headwinds
Deliveroo has revealed that its growth slowed in Q2, reporting growth of only 2%, against growth of 12% in Q1, reflecting the impact of increased consumer headwinds. However, Deliveroo said it continues to grow in the current “challenging” market with H1 2022, showing an increase of 12% in revenue to…
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Aug- 2022 -23 AugustBusiness
Sodexo retains Clifton College for further five years
Independents by Sodexo has announced it has retained the catering and hospitality contract with Clifton College in Bristol for a further five years, valued at £2.5m. Clifton College, established in 1862, is one of the biggest co-ed schools in the country and has 1,255 students aged from 0 through to…
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16 AugustPubs and Bars
Hospitality bodies call for ‘urgent action’ on pub staff shortages
“Urgent action” is needed on staff shortages in pubs amid new employment figures being released, according to Hospitality bodies BBPA and UKH. In the latest figures, The ONS found that the number of job vacancies dropped for the first time since 2020, falling to 1.274 million, a decrease of 19,800…
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12 AugustNews
Rapidly escalating energy bills are killing pubs, says BII
The British Institute of Innkeeping (BII) has written to the secretary of state for BEIS and the chancellor to highlight the “devastating” impact of the energy crisis on its members running independent pub businesses and calling for urgent, essential support from the government. The news comes as licensees across the…
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10 AugustRestaurants
Deliveroo losses widen as Simon Wolfson steps down from board
Deliveroo has revealed its H1 pre-tax losses have widened to £147m from £95m the year prior and also confirmed that Next CEO Simon Wolfson has decided to step down from its board. The food delivery service saw revenue increase 12% to £1.01bn in 2022 compared with £907m in 2021, additionally,…
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3 AugustBusiness
Just Eat parent suffers €3.5bn write down on US business in H1
Just Eat Takeaway has written down the value of its US subsidiary Grubhub by €3.5bn (£2.9bn), a year after it purchased the food delivery group for $7.3bn (£5.98bn). Meanwhile, Just Eat Takeaway expects its profitability to continue improving going forward and is maintaining its outlook for FY22. Just Eat expects GTV…
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