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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May- 2022 -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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3 MayPubs and Bars
Greene King returns to profitability amid expansion plans
Greene King has reported an adjusted operating profit of £18.6m (loss of £186.9m) for the year ending 2 January 2022, with statutory operating profit of £63.8m (loss of £433m), after being “significantly impacted by Covid-19”. It comes as the group celebrated a strong second half with group revenue rising 41.6%…
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Apr- 2022 -29 AprilPubs and Bars
Nightcap Q3 sales jump 52% on 2019 levels
Nightcap has announced its unaudited group sales for Q3 2022 were £9.6m, which represents a 52.7% net sales increase compared to the same period in 2019. It takes the total sales in the first three quarters of FY2022 to £25.2m, a 48.6% increase on 2019, after £7.6m in Q1 and…
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26 AprilPubs and Bars
Loungers hails ‘record’ sales and openings in FY22
Loungers has welcomed a year of “record” sales and openings ahead of its results for the year ended 17 April, 2022, after it maintained a “significant outperformance” of the market despite the effects of the pandemic. Whilst trading in December was subdued in light of Omicron, the operator of 164…
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26 AprilApps & Technology
Delivery and takeaway sales slip as consumers return to eating out
Britain’s managed restaurant and pub groups’ delivery and takeaway sales fell 24% year-on-year after consumers resumed eating out, according to the CGA and Slerp Hospitality at Home Tracker. Groups’ combined delivery and takeaway sales in March 2022 were 119% higher than in March 2019. Three-year sales growth for deliveries stands…
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20 AprilApps & Technology
Just Eat mulls Grubhub sale amid subdued Q1 orders
Just Eat has confirmed it is considering a partial or full sale of Grubhub, as it downgraded its full-year growth expectations and saw orders in the first quarter of 2022 remain largely flat against last year. While it maintained the “high level” of orders that were processed during the pandemic…
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14 AprilRestaurants
Restaurant owners facing mental health crisis, research finds
Over a third of restaurant owners across the country reported that their mental health was worse at the end of 2021 than it was during the peak of the pandemic in 2020, new research from Flipdish has found. A study from 200 UK hospitality decision-makers revealed that 37% of restaurant…
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6 AprilRestaurants
Food delivery startup Growth Kitchen partners with Tortilla
Growth Kitchen, the food-delivery startup, has announced that it has entered into a partnership with Mexican restaurant brand, Tortilla. The partnership will support the opening of multiple delivery kitchens in the coming years, and follows the success of Tortilla’s Growth Kitchen hub in Balham. Growth Kitchen said it aims to…
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