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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Dec- 2021 -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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23 NovemberCatering Companies
Compass Group sees operating profits hit £545m
The Compass Group has announced that its operating profit for the year ending 30 September 2021 increased by 85.4% to £545m from £294m in FY20. The company said this reflects actions taken to “control the controllable”, including resizing the cost base and improved cost control. Meanwhile, the company’s statutory revenue…
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18 NovemberNews
Rate of delivery and takeaways slows, CGA finds
The rate of 2021-on-2019 growth in delivery and takeaway sales has steadily slowed from 206% in July to 130% in September, according to the latest edition of the CGA and Slerp Hospitality at Home tracker. It revealed that growth in delivery and takeaway sales has eased as consumers return to…
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18 NovemberPubs and Bars
Fuller, Smith and Turner returns to profitability in H1
Fuller, Smith and Turner pub group has revealed that it has returned to profitability for the 26 week period ending 25 September 2021. Pre-tax profits rose to £10.6m from a previous year’s loss of £23m and was boosted by steady growth in Central London pubs. Revenue and other income also…
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17 NovemberNews
Revolutions Bars Group to trial ‘competitive socialising’ concept
Revolution Group has announced the launch of a new competitive socialising concept to be trialled in November 2021. The brand has already launched Founders and Co earlier this year, which opened in the former Revolution site in Swansea. It revealed the brand is a “competitive socialising concept” with a “nostalgic…
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16 NovemberPubs and Bars
Revolution Bars Group FY21 losses narrow to £26.3m
Revolution Bars Group has revealed its pre-tax losses have narrowed to £26.3m from £31.7m for the full-year ending 3 July 2021. Total Sales were 64.2% lower at £39.4m than £110.1m in 2020 as a result of the various Covid-19 lockdowns and restrictions throughout the entirety of FY21, compared to just…
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15 NovemberPubs and Bars
Nightcap sees FY21 losses widen to £5.3m
Nightcap has revealed that its pre-tax losses for the full-year ending 27 June 2021 have widened to £5.3m from £616,301 the previous year. Despite the losses, revenue grew to £5.9m from £5.2m and was boosted by the acquisitions of The London Cocktail Club Limited and its subsidiaries. In addition to…
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11 NovemberRestaurants
Young’s reports strong H1 as revenues surge
Pub group Young’s has reported its total revenue for the 26 week period ending on 27 September was £149.6m, up 183.9%, with adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of £42.7m. The group said it benefited from an increased demand following the re-opening and its major capex programme…
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