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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Apr- 2021 -13 AprilPubs and Bars
Revolution Bar Group swings to £17.7m pre-tax loss
Revolutions Bar Group has swung to a pre-tax loss of £17.7m for the 26-week period ended 26 December 2020. Revenue dropped to £21.6m for the period from £81.2m the previous year following the increased levels of restriction particularly in November and December 2020. In July 2020, the group’s liquidity was…
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13 AprilFood and Drink
Cake Box sees FY21 sales rise 14.7%
Cake Box, a cream cake retailer, saw like-for-like sales in its franchise stores increase 14.7% year-on-year for the 40 weeks ended 7 March 2021. In turn, the group said that it expects to report “record revenue” for the period, representing an approximate 16% rise profit before tax rise when compared…
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8 AprilRestaurants
Tasty swings to £12.7m FY20 loss
Tasty, the casual dining owner and operator, has swung to a loss after tax of £12.7m for the year ended 27 December 2020, following profits of £300,000 the previous year. The group’s revenue for the year was “significantly impacted by Covid-19 related restrictions”, declining 45.7% year-on-year to £24.2m. Currently, its…
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1 AprilPubs and Bars
Fuller’s raises over £53m through share placing
Fuller, Smith, and Turner (Fuller’s) has announced the successful placing of over almost 6.5 million ordinary shares in the capital of the company, raising approximately £53.6m. Valued at 40 pence per share, the 6,455,447 new A ordinary shares equate to roughly 20% of the group existing issued A ordinary share…
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Mar- 2021 -31 MarchFood and Drink
Time Out Group set to launch £15m equity raise
Time Out Group is preparing to launch a £15m equity raise to assist the business’ return to “a stronger position” in the next financial year. The hospitality and media group’s finances have struggled over the past 12 months due to lockdowns resulting from the Covid-19 pandemic. The group posted a…
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26 MarchFeatures
One year since lockdown: a year in the life of UK pubs
One of the greatest cultural tragedies of the past year in the UK has been the closure of pubs due to the pandemic. According to CGA’s Market Recovery Monitor, nearly 12,000 licensed premises have closed in Britain since December 2019; an average of 30 a day. To mark the anniversary…
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19 MarchPubs and Bars
JD Wetherspoons falls to pre-tax loss of £68m
JD Wetherspoons has reported a pre-tax loss of £68m in its preliminary results for the 26 weeks ended 24 January 2021. Revenue fell 54% to £431.1m from £933m in the period, while like-for-like sales declined 54% which was attributed to the disruption in trading due to lockdown restrictions. In its…
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10 MarchRestaurants
The Restaurant Group to raise £715m to offset Covid-19 impact
The Restaurant Group (TGR) has announced it plans to raise £175m in a move which will aim to enhance liquidity, accelerate deleveraging and support selective growth as the company continues to struggle with the ripple effects of Covid-19. The plans mark the end of the group’s “deep restructuring” programme and…
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10 MarchFood and Drink
Just Eat sees 2020 revenues soar 54%
Just Eat Takeaway.com (Just Eat) has revealed total group revenues of £2.06bn for the year ended 31 December 2020, a year-on-year growth of 54%. Adjusted EBITDA for the period also increased from £185.9m in 2019 to £256m in 2020, a jump of 18% for the year. As for the group’s…
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1 MarchRestaurants
Wimpy profits surge to almost £1m
Wimpy Restaurants Group, owner of the Wimpy burger chain, has reported a rise in profits to almost £1m for the year ended 29 February 2020. Climbing from £716,319 to £990,663, the firm’s profits for the year represented a year-on-year increase of 38%. While the group’s revenue for the period did…
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