Various Eateries

Various Eateries revenues rise 8.8% to £24.7m in H1

Various Eateries has reported an 8.8% increase in revenues to £24.7m (H1 2024: £22.7m), with the growth largely driven by new site openings.   It also reported that gross profit rose by 93.1% to £2.6m, up from £1.3m the prior year, for the 26-week period ending 30 March 2025. Meanwhile, the…

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Today’s news in brief – 07/05/25

Various Eateries has seen its sales rise by 8.8% in H1 ended 30 March, driven primarily by the contribution of new site openings. While like-for-like sales for the period were flat year-on-year, this was attributed to the impact of Easter falling later in the year and after the period ended.…

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Various Eateries H1 sales rise 8.8% to £24.7m

Various Eateries has seen its sales rise by 8.8% to £24.7m in the 26-week period ended 30 March, driven primarily by the contribution of new site openings. As a result, the restaurant operator is trading in line with expectations for the full year.  While like-for-like sales for the period were…

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Today’s news in brief – 04/03/25

Various Eateries has reported a revenue uplift of 9% to £49.5m in FY24, which was largely driven by new site openings. The hospitality group also managed to hit adjusted EBITDA profits of £0.3m – up from a loss of £2.2m a year before – due to “a solid trading performance…

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Various Eateries revenues rise 9% to £49.5m in FY24

Hospitality group Various Eateries has reported a revenue uplift of 9% to £49.5m in the year ended 29 September 2024, which was largely driven by new site openings.  During the year, Various Eateries also managed to hit adjusted EBITDA profits of £0.3m – up from a loss of £2.2m a…

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Today’s news in brief – 13/01/25

Arc Inspirations has reported a “record” sales rise of 10.8% for December 2024, with the help of three new flagship openings. The bar group saw total sales hit £2m, with average weekly sales across its 19 venues peaking at a “record” £106k of revenue per site. The three new venues…

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Various Eateries appoints new CEO

Various Eateries, the owner, developer and operator of restaurant, clubhouse and hotel sites, has announced the appointment of Mark Loughborough as chief executive officer, effective 20 January 2025. Loughborough brings over 30 years of experience in the hospitality industry, including most recently 14 years at Young & Co Brewery PLC,…

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Today’s news in brief – 12/11/24

Various Eateries expects its group revenues to beat expectations at £50.5m for the full year to 29 September, despite like-for-like sales declining by 1% by year-end. The operator of Coppa Club and Noci revealed that the elevated group revenues generated a small positive adjusted EBITDA, which was also slightly ahead…

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Various Eateries group revenues to beat expectations at £50.5m

Various Eateries expects its group revenues to be slightly ahead of market expectation at £50.5m for the full year to 29 September, a rise from £45.5m recorded last year, despite like-for-like sales declining by 1% by year-end.  The operator of Coppa Club and Noci revealed that the elevated group revenues…

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Today’s news in brief – 14/05/24

Marstons reported a £0.8m underlying loss before tax during H1. However, the group’s revenues increased 5.2% to £428.1m, with good momentum across food and drink sales. The pub group also recorded a 22% increase in underlying pub operating profit to £52.7m, with profit margin increasing from 10.6% to 12.3%.  Various…

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