Sales
This section brings together all our editorial coverage related to sales performance, revenue growth, and commercial strategy across the UK foodservice sector. From quarterly trading updates and like-for-like sales trends to group-level reporting and market analysis, we provide restaurant operators, pub groups, catering firms, and F&B executives with timely insights into what’s driving turnover, and what’s dragging it down. Whether you manage a single site or a national portfolio, our sales reporting is geared to help hospitality leaders benchmark performance, identify consumer trends, and shape strategies that drive sustainable growth in a volatile trading environment.
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Sep- 2023 -22 SeptemberNews
Today’s news in brief – 22/09/23
Comptoir Libanais reported revenues of £14.8m for the six months ending 2 July, a 2.1% increase. However, adjusted EBITDA profits were down 73.7% from 2022 levels to £1m due to challenges in the trading environment. Like-for-like sales increased by 6%, with dine-in sales growing by 8.1%. Delivery sales declined in…
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22 SeptemberPubs and Bars
JD Wetherspoon puts new pubs up for sale
JD Wetherspoon has confirmed that it has put a further 11 pubs across England and Wales up for sale. CBRE and Savills have both been appointed to oversee the sales of the pubs which are mainly freehold properties with one leasehold property. The company has confirmed that all the pubs…
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22 SeptemberNews
Comptoir Libanais profits dip amid difficult trading conditions
Comptoir Group, owner of Lebanese and Middle Eastern restaurants, has announced revenues of £14.8m, an increase of 2.1%, for the six months ended on 2 July. Adjusted EBITDA profit was £1m, a decrease of 73.7% compared to 2022, which the group attributes to “a challenging trading environment” dictated by the…
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21 SeptemberNews
Today’s news in brief – 21/09/23
SSP revenues are anticipated to reach £3bn for the year, spelling a 37% year-on-year increase and an EBITDA of £280m. This was due to recovery in passenger numbers, along with a stronger customer offer and digital presence. North America remains a key driver, while the UK and Ireland are expected…
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21 SeptemberRestaurants
Buzzworks unveils expansion plans amid ‘strong’ trading results
One of Scotland’s independent bar and restaurant operators, Buzzworks Holdings, has announced its plans for expansion after reporting “strong” trading results across its entire portfolio of 20 venues. The confidence for expansion follows the opening of its flagship new restaurant, Scotts in Greenock, which saw a record number of visitors…
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21 SeptemberNews
SSP expects revenues of £3bn amid strong trading
SSP Group has upped its guidance and is expecting revenues to be at 116% of 2019 levels for the 16 weeks between June and September. For the full year, group revenues are expected to be £3bn compared to £2.2bn in the prior year, representing growth of 37% year-on-year. EBITDA is…
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21 SeptemberPubs and Bars
Adnams operating losses widen to £2.4m in H1
Adnams has revealed that sales in the first half of 2023 were level with last year’s total of £30m, as input costs continued to climb and contributed to operating losses widening to £2.4m. The pub operator attributed its performance to Q1’s subdued sales, as inflation peaked. However, lighter evenings and…
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20 SeptemberNews
Today’s news in brief – 20/09/23
Food hall operator Market Halls reported a remarkable 155% revenue increase to £22m in the year ending July 2023 due to a 40% like-for-like sales growth. EBITDA before company costs reached £2.6m, as sales at their London sites exceeded pre-Covid levels. As a result, the company plans to open two…
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20 SeptemberPubs and Bars
Arc Inspirations sales jump 7.5% amid expanded estate
Bar group Arc Inspirations has announced an annual sales growth of 7.5% up to £40.8m for the year ended 26 March 2023. Alongside this the company posted an adjusted EBITDA of £3.84m, overcoming economy-wide inflationary and staffing pressures. Company EBITDA for the year was lower than the previous period, which…
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20 SeptemberNews
UK delivery and takeaway sales rise 6%, says CGA
Britain’s top managed restaurant groups secured a third successive month of year-on-year growth in delivery and takeaway sales in August, according to the CGA. The latest CGA by NIQ’s hospitality at home tracker shows revenue from orders was 6% higher than in August 2022. The news extends a run of…
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