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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Jun- 2022 -8 JunePeople
Mollie’s appoints new head of sales
Mollie’s, the fast-growing “hotel and diner concept” with locations in Oxford and Bristol, has appointed Lindsey Williams as head of sales for the South West region. This will span both properties and future earmarked local expansions. In her new role as head of sales, Williams will “apply her 25 years’…
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1 JuneBreweries and Distilleries
Brewdog losses narrow as revenues hit £286m
Brewdog has reported its revenues surged 21% year-on-year from £238m to £286m in the year ended 31 December 2021, amid growing UK sales and market share growth despite pandemic restrictions being in place for much of the year. Operating losses for the Scottish brewer and bar operator also narrowed to…
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May- 2022 -30 MayRestaurants
Comptoir Group revenue soars 67% in FY21
The Comptoir Group has seen group revenues rocket 66.9% to £20.7m in the year ended 31 December 2021, up from the £12.4m reported in 2020. As trading returned over the year, gross profit was up by £7.1m to £16.9m up by £7.1m, up from £9/8m the prior year when trading…
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26 MayRestaurants
Fridays owner set to double estate despite profit warning
Hostmore is set to expand its portfolio with the addition of three new sites in FY22, as it outlined its ambition to almost double its site locations from the current 89 over the medium term, subject to an improved trading environment. The owner of Fridays and 63rd+1st said this growth…
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24 MayRestaurants
Tortilla acquires Chilango in £2.75m deal
Tortilla, the fast-casual Mexican restaurant group, has announced the acquisition of Chilango Limited for a total consideration of up to £2.75m from investment firm RDCP Group Ltd. Chilango is a fast-casual restaurant chain specialising in Mexican food including burritos, salads and tacos. The business operates from an estate of eight…
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17 MayPubs and Bars
C&C to sell stake in Admiral Taverns for £55m
Drinks company C&C Group has announced the sale of its entire minority interest in Admiral Taverns to Proprium Capital Partners, with whom it originally invested into Admiral Taverns in September 2017, in a deal worth £55m. It also confirmed the sale of the shares will be completed and consideration will…
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13 MayFood and Drink
Wendy’s sees Q1 profits fall by almost 10%
Wendy’s has reported that its operating profit dropped 9.9% to $74.9m (£61.46m) in the first quarter of FY22, compared to $83.1m (£68.19m) in the same period last year, due to higher general and administrative expenses and a decrease in the company-operated restaurant margin. Wendy’s company-operated restaurant margin fell 5.4% to…
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12 MayRestaurants
Various Eateries revenue soars 439% in H1
Various Eateries has welcomed a period of “robust” trading in the half-year ended 3 April 2022. Total group revenue for the period was £17.8m, up 439% year-on-year against £3.3m in H1 FY21, largely driven by new site openings and reflecting fewer restricted periods of trading. While part of the period…
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11 MayBusiness
Compass Group revenues soar to pre-Covid levels
The Compass Group has reported that its revenues increased 37.9% year-on-year from £8.4bn to £11.6bn in the six months ending 31 March 2022 (H1), meaning revenues are at 99% of 2019 figures with its run rate now above pre-Covid levels. Operating profits also surged 134.5% from to £673m, compared to…
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6 MayFood and Drink
The Athenian partners with Growth Kitchen amid expansion plans
Greek street food player, The Athenian, has announced it has entered into a multi-site agreement with Growth Kitchen, the food-tech startup operating smart satellite kitchen networks, to bolster its expansion in London. Using its expansion tool, which includes spend data, average transaction size and demographic and competitive data, Growth Kitchen…
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