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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Mar- 2019 -15 MarchPubs and Bars
Wetherspoons profits slip amid staff wage increase
Pub group JD Wetherspoon reported a drop in profits before tax for the half-year to 27 January 2019. Despite a 7.1% increase in revenue to £889.4m, the group’s profits before tax fell by 18.9% to £50.3m from £62m the year before. It closed the period with an operating profit of…
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6 MarchApps & Technology
Just Eat’s profits rise amid ‘transformational’ year
Food delivery service Just Eat has seen a 43% year-on-year increase in revenue to £779.5m from £546.3m. For the 12 months to 31 December 2018, Just Eat’s underlying EDBITA increased by 6% after the company invested £51m in “strategic initiatives”. Its 26 million customers helped to drive an order growth…
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Feb- 2019 -21 FebruaryApps & Technology
Uber Eats opens its doors to 50,000 restaurants
Uber Eats has announced it is to add 50,0000 restaurants to its offering, as the food delivery app unlocks its technology to restaurants with their own delivery drivers. Launching nationwide today, the new service will offer restaurants in 100 towns and cities, whether they want to use their own delivery…
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7 FebruaryBusiness
Military contracts help Compass Group revenue grow 6.9%
UK-based contract caterer Compass Group saw its organic revenue grow by 6.9% for the three months to 31 December 2018. The group attributed its growth to “strong levels of new business wins”, continued good retention rates. It also said the impact of the new UK Defence contracts and a “positive”…
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4 FebruaryAdvice
Top 5 things you can do to reduce your commercial waste costs
With businesses now hunting for ways to save money on waste costs more than ever, here is a handy guide on how best to achieve it. Each step is simple and easy to accomplish and they are all based around the common denominator of recycling equipment. Did you know “the government…
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4 FebruaryGovernment
Brothers jailed 14 years for £3m pub and restaurant tax scam
Three brothers, who stole £3m in a tax scam involving pubs and restaurants, have been jailed and banned from being directors for 28 years. Bournemouth brothers Shahab Hashtroudi, 64, Shahin Hashtroudi, 58 and Hedayat Hashtroudi, 68, ran pubs and restaurants in Hampshire, Dorset and Surrey, using the money to prop…
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Jan- 2019 -17 JanuaryAdvice
The tips and tricks to increase your footfall
Post-Christmas can be a difficult time of year for the UK pub trade as the cold weather and often tight purse strings following the festive period deters people from going down their local and spending money. This obviously has a negative impact on landlords as they face an uphill battle…
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14 JanuaryPubs and Bars
Revolution Bars sees 6.4% revenue increase in latest update
Revolution Bars Group, operator of 79 premium bars trading across the UK under the Revolution and Revolucion de Cuba brands, has seen a 6.4% like-for-like increase in the 26 weeks to 29 December 2018. Total revenue for the period was £78.5m and its like-for-like sales in the four week trading…
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11 JanuaryBeverages
US coffee chain Roasting Plant to open first UK outlet
US coffee chain Roasting Plant is set to open its first UK outlet on 16 January, located between London Bridge and Borough market. The outlet will feature the chain’s ‘Javabot’ tubes for preparing coffee without a barista. The tubes fire coffee beans through plastic tubes to a roaster through to…
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11 JanuaryBusiness
ETM Group reports record Christmas trading
The 14-strong bar and restaurant group, ETM, has reported its “best ever Christmas” with overall revenue up 16% and like-for-like sales rising to 13.1% for the five weeks up to 31 December. One of the biggest growth areas for the company was in pre-booked event sales which saw an uplift…
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