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- 2021 -11 JanuaryCatering Companies
Sodexo sees 27% total group revenue decline
Sodexo has reported that for the first quarter fiscal 2021, total group revenue declined 27% to €4.4bn (£3.2bn) from €6.07bn (£4.5bn) for the same period last year, attributed to the impact of Covid-19. Founded by Pierre Bellon in 1966, the company operates in 64 countries and serves 100 million consumers…
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Dec- 2020 -21 DecemberNews
Leon CVA receives creditor approval
Leon has announced its CVA proposal will go ahead after it received 90% approval from its creditors. The restaurant chain which was founded in 2004 and has gone on to operate 75 sites globally both owned and franchised with 44 based in the UK in prime locations and transport hubs,…
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17 DecemberCatering Companies
SSP revenue halves as sales dented by Covid-19
SSP, one of the UK’s leading travel food and beverage groups, has reported that revenue plunged by 47.9% to £1.4bn in the full-year ended 30 September 2020. The group’s like-for-like sales also fell 50.8%, after they were “heavily impacted” by the various lockdown measures resulting from the pandemic and the…
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17 DecemberNews
Revolution Bars swings to £32m loss in full-year results
Revolution Bars Group, the city centre bar chain that trades as Revolution and Revolución de Cuba, has announced a statutory loss before tax of £31.7m for the full-year ended 27 June 2020. The group, which had operated over 74 properties at the period end, also saw total revenue fall from…
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16 DecemberRestaurants
Wagamama sales boosted in Q3
Wagamama has announced that like-for-like sales rose by 7.4% in the third quarter ended 27 September 2020, attributed to the government’s Eat Out to Help Out scheme in August. UK revenue fell by 20.8% to £70.3m in the quarter, however, amid a phased reopening of its restaurants for eat in…
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11 DecemberCoronavirus
Pub sales down 84% on first weekend of re-opening
Overall sales across pubs in the first weekend of December were 84% lower than last year, a study by the British Beer and Pub Association (BBPA) reveals. The trade group which has touted “tighter covid restrictions” as the reason for this slump also revealed that just four in ten pubs…
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10 DecemberBreweries and Distilleries
Marston’s swings to £397m loss
Marston’s, the British brewery, pub and hotel operator, has reported a loss of £397m in the 53 weeks ended 3 October 2020. The company’s total revenue fell sharply from £1.17bn in 2019 to £821m this year, as sales were greatly reduced by the 15-week closure of pubs from the end…
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8 DecemberNews
UKH warns hospitality sector at ‘rent tipping point’
UKHospitality has warned that the sector is on a countdown to a “rent tipping-point” that will trigger a new year of hospitality business failures and potentially hundreds of thousands more jobs lost. The government has reportedly so far shielded businesses from eviction and the “aggressive enforcement activity” by landlords over…
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2 DecemberNews
Loungers posts 33% revenue drop
Loungers, the owner of Lounge and Cosy Club, has reported that revenue fell by a third for the 24 weeks ended 4 October, when compared to the same period last year. The group claimed that the drop in revenue of £26.3m to £53.5m was a direct result of the national…
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Nov- 2020 -27 NovemberCoronavirus
Fullers swings to £22m pre-tax loss
Pub chain Fullers has reported a £22.2m pre tax loss from the six months ending in September, with chief executive Simon Emeny adding it will be a “tough winter” for the company. In the businesses financial results for the 26 weeks to 26 September 2020 it revealed it had made…
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