All Finance articles – Page 11
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NewsRobust trading and estate management drives returns for Fuller’s
The pub company achieved like-for-like growth across food, drink, and accommodation, and further announced Simon Emeny will become executive chairman next month
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NewsGusto appoints advisors for strategic review
The Palatine-backed Italian restaurant group is understood to be working with Interpath as it seeks to secure additional investment to drive the business forward
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NewsThai Leisure Group reports strong profit growth
The operator of Chaophraya and Thaikhun has reported a significant increase in profit despite a challenging trading environment, as it continues to focus on operational resilience and brand strength
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NewsHospitality spend grows ahead of general slowdown
UK consumer card spending on hospitality and leisure spend rose 3.3% in May, above overall spending growth, according to the latest Barclays Consumer Spend report
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NewsPopeyes UK secures new £43m banking facilities
Alongside its existing support from owner TDR Capital, the new facilities give the QSR brand the flexibility to execute its plan to open around 45 restaurants this year.
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NewsPret owner explores new investors ahead of possible IPO
The European investment group, which acquired Pret for £1.5bn in 2018, has engaged advisers to explore options including a stake sale, people familiar with the matter told the FT
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NewsRemarkable Pubs reports lower profits but remains ‘in a very healthy state’
While lfl sales improved across most sites, profit before tax fell to £1.16m, down from £1.64m the prior year, which the 11-strong operator attributed to rising costs of sales and overheads
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NewsMcMullen’s profit tops £16m as retail division drives growth
Turnover at the group’s 115 managed pubs reached £115m, up 8.1% year on year, with gains supported by price increases, strategic investments and site acquisitions
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NewsPatisserie Valerie owner narrows losses
The bakery business reported turnover of £20.3m, down 20% year-on-year, reflecting a strategic restructuring of its retail estate and a shift towards profitable growth
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Analysis & InsightGDK and True deal typifies renewed confidence in sector M&A
The recent deal adds to a growing crop of M&A transactions in the hospitality sector this year, with the partnership between GDK and True destined to offer more than just a boost to estate numbers, as MCA discovers
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NewsOne third of hospitality businesses now operating at a loss
A joint survey of pubs, bars, restaurants, and hotels found the number of operators making a loss had risen by 11% on the previous quarter
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NewsUK business confidence hits nine-month high as global trade tensions ease
The uplift was attributed to a recovery in global financial markets following President Trump’s decision to pause key tariff measures until July
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NewsMission Mars reports 31% group revenue growth
The Albert’s Schloss and Rudy’s Pizza operator achieved £92.9m revenue in FY24, with both brands continuing to break records in FY25
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NewsEaster sun lifts pub sales as restaurants and bars lag behind
Managed pub groups across the UK enjoyed a bumper April, with like-for-like sales up 9.1% year-on-year, according to the latest CGA RSM Hospitality Business Tracker
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Weekend PressParkdean eyes £250m fundraiser to cash in on staycations boom
Holiday park operator plans to invest a further £37 million in upgrading facilities and accommodation, The Times reports
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Analysis & InsightM&B resilience shows pubgoers still making space for spending
Mitchells & Butlers’ strong half-year results demonstrate how major pub operators continue to perform despite sector-wide cost pressures, according to Begbies Traynor
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NewsCaprice achieves record revenue but posts pre-tax loss amid cost pressures
Richard Caring’s restaurant group reported record revenue of £97.1m for the year ending 31 December 2023, up from £74.4m in 2022
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EventsPub sector financial outlook - navigating M&A in a volatile market
At MCA’s Pub Conference, Craig Rachel, director at AlixPartners, will provide a timely analysis of the financial landscape for mergers and acquisitions across the UK pub sector
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NewsComptoir Group revenues up 10%
The operator of Lebanese and Middle Eastern-inspired restaurants reported revenue of £34.6m in 2024, with a 2% uplift in like-for-likes
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NewsGreggs reports improved trading
The retailer achieved total sales of £784m for the first 20 weeks of 2025, with the past 11 weeks supported by better trading conditions