All Finance articles – Page 16
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NewsXP Factory sees ‘marked turnover’ in like-for-likes
The experiential leisure group said its Boom Battle Bar and Escape Hunt brands had returned to growth following a challenging first quarter due to the unseasonally warm weather and economic instability
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NewsDishoom reports 17% increase in turnover for 2024
The Indian restaurant group, which recently received investment from L Catterton, delivered substantial revenue and EBITDA growth in FY24, with positive momentum continuing into 2025
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NewsJust Eat Takeaway takeover approved
The European Commission has approved the €4.1bn takeover of Just Eat Takeaway by Prosus, after the technology investment group offered to make significant concessions in order to gain permission for the food-delivery deal
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NewsPizza Pilgrims acquired by McWin-backed restaurant group L’Osteria
German-based Italian restaurant group L’Osteria has acquired a majority stake in the Neapolitan pizza brand for an undisclosed sum, and will partner with Pizza Pilgrims as it explores opportunities for international openings and measured expansion in the UK.
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NewsSix by Nico raises £1.6m in early access crowdfunding
The six-course tasting menu concept group will use the funds to support the opening of its new flagship in London and to reduce existing debt
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NewsKrispy Kreme targets UK refranchising as part of global turnaround plan
Krispy Kreme is set to refranchise its UK and Ireland operations as part of a newly announced turnaround plan focused on profitable US growth and capital-light international expansion
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NewsUK driving international sales at Restaurant Brands International
RBI, owner of the Burger King, Tim Hortons, Popeyes franchises, reported a 9.8% increase in system-wides sales within its international business with Popeyes achieving really strong sales outside the US
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NewsSales return to growth for Papa Johns UK
The pizza delivery chain has undergone significant transformation since 2023, a strategy that has led to growth in both customers and sales, according to CFO Ravi Thanawala
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NewsStrong H1 for Deliveroo
Gross transaction value (GTV) as well as revenue was up 9%, with orders up 8% for the period ended 30 June
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NewsTasty outlines plans for future investments
The Wildwood and dim t operator expects to use £3.6m for the acquisition of other brands, while £3m will be used to invest in existing restaurants
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NewsMcDonald’s: ‘UK recovery will take time’
The fast food chain insisted it has a solid track record in delivering turnaround plans, and said it was continuing efforts to improve the UK’s overall performance
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NewsSimmons Bars acquired in pre-pack for £6m
Sixteen sites were acquired by founder Nick Campbell and Lonsdale Capital Partners, after the bar business suffered a downturn in trading and a loss of £2.85m in 2025
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NewsTortilla achieves 5% rise in like-for-likes
The fast-casual Mexican restaurant group achieved a £3.9m increase in revenue for the half-year, to £35.4m, with strong sales momentum continuing into H2
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NewsKFC UK sales up 5% in Q2
Owner Yum! Brands said the UK KFC business, which accounts for 6% of KFC’s system sales worldwide, had also achieved 5% sales growth in the year-to-date.
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NewsButcombe Group delivers 9.8% growth in like-for-likes
Sales were up across all areas of the managed business, with drinks seeing the strongest lfl growth of +13% - boosted by the favourable weather, while food sales were up 8%, in the first half of the year
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NewsGreene King Pub Partners to invest £27m this year
It follows capital investment of £23m in both 2023 and 2024 and will fund internal and external refurbishments across its leased, tenanted and franchise pub estate in England and Scotland
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Analysis & InsightFrom pub sector darling to dismantlement – the story of Oakman’s unfolding
With an “inherently complex” funding structure, the pub and restaurant company founded by Peter Borg-Neal found itself with a limited ability to absorb trading shocks and generate sustainable profits
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NewsSticks’n’Sushi hails ‘productive’ first year under McWin ownership
The Danish-Japanese group said its three markets – the UK, Denmark, and Germany – delivered sales growth in 2024 and carried the momentum into 2025
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NewsDiageo’s profits tumble after rocky year
The maker of Guinness and Smirnoff said operating profits fell 27.8% to $4.3bn, due to “exceptional impairment and restructuring costs” and a decline in profit margin
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NewsPizza Hut Europe turnover dips despite brand reset
The delivery arm of the Pizza Hut business saw turnover drop marginally in 2024, despite introducing a new menu and evolved brand last year