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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Jul- 2022 -26 JulyFood and Drink
Compass Group raises forecast amid post-pandemic recovery
The Compass Group has increased its FY22 organic revenue growth guidance from 30% to 35%, due to a “significant acceleration” in growth and ongoing recovery of its base business. The announcement comes as the company reported that its revenues for the third quarter ended 30 June 2022 (Q3) were at…
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22 JulyRestaurants
Franco Manca operator Fulham Shore returns to profit
The Fulham Shore plc has reported operating profits of £6.7m, compared with a loss of £4.8m in 2021 and profits before tax of £3.9m compared with a loss of £7.5m in 2021. During the year ended 27 March 2021, it also reported that its revenues increased 105% to £82.7m (2021:…
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18 JulyRestaurants
Tortilla revenue soars 60% in H1
Tortilla has welcomed strong top-line growth during the first half of FY22, with group revenue soaring 60% to £26.9m, or an increase of 55% excluding the impact of the Chilango acquisition. The group said this performance was underpinned by growing customer demand for Tortilla’s food as well as the group’s…
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18 JulyBeverages
Fever-Tree profits ‘worsened’ by cost of headwinds
Fever-Tree has revealed that it anticipates gross margins of around 37% and an EBITDA margin of around 14% for the first half due to the reported impact of logistics and cost of headwinds having “worsened” in recent months. The business expects this to continue to impact the business during the…
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14 JulyCatering Companies
SSP Group Q3 revenue hits 87% of pre-pandemic levels
SSP Group plc has seen its revenue continue to strengthen in Q3, with revenue at 89% of 2019 levels in the seven weeks since the group’s interim results on 24 May, and at 87% of 2019 levels in Q3 overall. According to the company’s recent performance and the current strength…
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11 JulyPeople
Domino’s welcomes new CFO
Domino’s Pizza Group Plc has announced the appointment of Edward Jamieson as its new chief financial officer. It said Jamieson, who is also set to join the board of Directors in October 2022, brings experience as a senior leader in the consumer, digital, and food sectors. He has most recently…
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5 JulyBusiness
Hospitality sector R&D spending falls 21%
Research and development (R&D) spending in the hospitality industry fell 21% in the Q1 of 2022, according to the latest Office of National Statistics (ONS) data analysed by funding specialist Catax. The ONS published its Q1 2022 statistics for R&D spending on 30 June, Catax states that “spending on R&D…
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4 JulyNews
John Lewis launch chef academy to help hospitality sector
John Lewis Partnership (the Partnership) has launched its own Chef Academy to help address the current shortage of qualified chefs in the UK A joint survey released last week by UKHospitality, the British Institute of Innkeeping, and the British Beer and Pub Association, revealed that staff shortages in the hospitality…
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4 JulyCafes and Coffee Shops
Pret H1 revenues surge 230% to £357.8m
Pret A Manger has reported that its half year (H1) revenues in 2022 has grown by 230% year-on-year to £357.8m, up from £155.4m in H1 2021, and up by 160% from £223.4m in 2020. May saw revenues across the UK surpass 2019 levels for the first time, with “particularly strong”…
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Jun- 2022 -24 JuneRestaurants
Canteen Collective launches £400,000 investment round to aid expansion
Canteen Collective, a hospitality group with a focus on sustainability, has launched a £400,000 investment round to “help drive forward its ambitious growth plans”. The London-headquartered business, which is on target to turnover £2.5m this year, has said it is set to more than double its revenues by 2025 as…
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