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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Nov- 2024 -27 NovemberCatering Companies
Compass operating profit up 16.4% to $3bn
Compass catering has announced that its operating profit has risen 16.4% to $3bn (£2.38bn) for the year ended 30 September 2024. Alongside this, the company’s revenues rose 10.6% to $42.2bn (£33.5bn) compared with $38.1bn (£30.2bn) in the previous year. This was accompanied by a net new business growth of 4.2%,…
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20 NovemberFeatures
A guide to attracting Christmas reservations
Online advertising and social media campaigns Getting into the Christmas spirit isn’t just about decorating your venue, it’s also about decking out your online presence. With almost half of all reservations being processed online last year, customers are increasingly searching online for places to dine, and seeking venues that offer…
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19 NovemberNews
Plant Based World Expo demonstrates continued hunger for innovation in London
Plant Based World Expo Europe, the only 100% plant-based professional event for retail and foodservice, concluded its 2024 event in ExCeL London with just under 3,000 people in attendance. Drawing a record number of buyers in the room seeking plant-based products for their business, it attracted retailers, caterers, restauranteurs, manufacturers…
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15 NovemberPubs and Bars
Young’s H1 revenues rise 27.2% to £250m
Young’s has reported that total revenues rose 27.2% to £250m for the 26-week period to 30 September, as like-for-like revenues rose 4.4% due to an “excellent” Euros turnout. During the period, adjusted EBITDA also rose 23.2% to £59m and managed house EBITDA increased by 25.1% to £73.8m. Despite continued National…
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14 NovemberBusiness
Business leaders’ confidence drops as costs rise
Optimism among Britain’s hospitality leaders has taken a sharp downward turn with only 41% of leaders feeling confident about prospects for their business over the next 12 months, according to data from CGA. This is a dip of 8 percentage points from August’s figure of 49%, a fourth quarter-on-quarter decline…
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8 NovemberCafes and Coffee Shops
Krispy Kreme falls to $16m loss in Q3 as UK market underperforms
Krispy Kreme has seen losses widen to $16m (£12.9m) in its third quarter, up from a loss of $2.1m ( £1.7m) the prior year, as the UK market underperformed over the period. In the quarter ended 29 September 2024, net revenues fell by 6.8% to $379.9m (£305.9m), down from $407.4m…
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7 NovemberRestaurants
Foodservice inflation falls to 2.4% in September
Foodservice price inflation fell to 2.4% in September, the 15th consecutive month of easing, according to data from CGA. However, nine out of ten categories show month-on-month price increases highlighting persistent inflationary pressures. This marks the fourth consecutive month of overall month-on-month inflation. The Vegetables category continues to report high…
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5 NovemberFeatures
Should you list your business on a delivery app?
With the rapid rise of online food delivery, apps like Uber Eats, Just Eat, and Deliveroo have transformed the UK restaurant industry. The ease of ordering food with a few taps on a smartphone has made delivery apps a convenient choice for consumers. For restaurants, these platforms offer immediate access…
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Oct- 2024 -30 OctoberNews
Budget: Increases to employers’ NI and minimum wage
The Chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn in taxes, pledging to also boost long-term growth and “mark an end to short term-ism” as part of Labour’s first budget since it came into power. Employers’ National Insurance contributions…
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21 OctoberBusiness
Hospitality insolvencies show signs of easing
Accommodation and food service insolvencies fell 16% month-on-month in August 2024, from 323 to 270, the lowest monthly figure since January 2024, according to the Insolvency Service. Furthermore, insolvencies were down 29% when compared with the same month last year. However, insolvencies in the sector increased 9% in the year…
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