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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Jan- 2022 -4 JanuaryRestaurants
Tasty hit by ‘weaker’ Christmas trading period
Restaurant group Tasty has revealed that trading across for the second half of the year up until December 2021 was “disappointing” and “weaker” than previous years as a result of Covid-19 restrictions. The rising infection rates of the Omicron variant and in particular the reinstatement of working from home advice…
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Dec- 2021 -13 DecemberRestaurants
Catering towards change
Humdingers Catering began with a vision to bring unpretentious but delicious food to as many people as possible. Based on Hoxton Street, the business consists of Humdingers Catering and Humdingers Bakery and Soup Kitchen. The latter venture was launched as a social enterprise during the pandemic. Despite the negative effects…
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10 DecemberNews
UKH Scotland criticises Christmas party cancellations
UK Hospitality Scotland has criticised guidance from public health officials in Scotland to cancel Christmas parties. People in Scotland have been urged to cancel Christmas parties due to the rising number of cases of the Omicron Covid variant, after Public Health Scotland said a number of outbreaks caused by Omicron…
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9 DecemberBusiness
SSP Group revenue falls 41% in FY21
SSP Group, a global operator of food and beverage outlets, has announced its revenue fell by 41.8% from £1.43bn in 2020 to £834.2m in the year ending 30 September 2021, and by 70.1% compared to 2019 levels. The group’s operating loss was £309.2m in FY21, including credit for non-underlying net…
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6 DecemberNews
Fulham revenue doubles in half-year results
Fulham has announced that revenue soared by 103% from £19.8m to £39.5m in its interim results for the six months ended 26 September 2021. The owner of Franco Manca and The Real Greek revealed that group revenues for both chains have continued to be ahead of 2019 comparatives in October…
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3 DecemberFeatures
How restaurants recouped footfall during an unsteady climate
In the words of trade association UKHospitality, ‘the resilience of pubs and bars will be crucial to the recovery of hospitality.’ However, low footfall still present in the high street is making it difficult for operators to make a comeback. According to a latest report by the CGA, 26% of…
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3 DecemberRestaurants
Sticks’n’Sushi posts record profits in FY21
The Danish sushi chain Sticks’n’Sushi has reported record pre-tax profits of 51.5m DKK (£5.89m) for the financial year 2020/2021, up 4% compared to 484m DKK (£55.4m) in 2019/2020. The chain also saw revenues of 503.2m DKK (£57.6m), marking the first time Sticks’n’Sushi has hit the 500m DKK (£57.2m) mark in…
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1 DecemberRestaurants
Loungers to open 25 new sites as profits surge
Loungers has announced plans to open 25 new sites next year after securing pre-tax profits of £12.8m for the 24-week period ended 3 October 2021. During the period, revenue increased to £102.4m from £53.5m in 2020 whilst like-for-like sales grew 26.6% compared to 2019. The business has continued to achieve…
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Nov- 2021 -30 NovemberFeatures
Sessions Market: Redefining the dining experience
As the hospitality industry begins to get back on its feet following a tumultuous 18 months, exciting new food concepts are once again looking to tap into their potential and find their feet in the market. It is not easy to scale your business alone, however. Enter Sessions Market. Both…
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25 NovemberPubs and Bars
Mitchells and Butlers losses narrow to £42m as sales recover
Mitchells and Butlers (M&B) has reported a pre-tax loss of £42m for-the 52 weeks ending 25 September 2021, compared with £123m a year earlier, as its sales recovery starts to take hold. M&B said it had returned to profitability in recent months and its like-for-like sales were 2.7% higher than…
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