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All Finance articles – Page 17
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NewsSan Carlo nears £80m turnover
The premium, family-run Italian restaurant group posted £77.9m turnover in its latest accounts, as it expands its overseas footprint with launches in Miami, Egypt, Bahrain, and Morocco this year
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NewsPizza Pilgrims looking to add 10-plus sites by FY27
The 25-strong pizzeria business has reported record revenue for the year to 30 June 2024 – up 20% to £34.4m, while securing multiple new sites
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NewsHeavitree pubs recording strong top line trading
The Exeter-based brewery and pub company recorded an increase in turnover of 3.62%, to £3.52m, for the six month to 30 April 2025, with profit before tax of £1.5m for the period.
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NewsAdnams reduces borrowings by £7m
The brewer and pub operator said debt reduction and increased confidence in transformational investments would all lead to sustainable growth in shareholder value
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NewsEvolv Collection ‘happy’ with 2024 performance during transition period
The premium hospitality group, formerly known as D&D London, reported turnover of £126.4m, for the year ended 30 September 2024, with loss before tax amounting to £13.4m. Sales performance has been strong since the year end
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NewsMoto Hospitality continues investing in ‘transformation’ of rest stop experience
The MSA operator is rolling out new brands and EV infrastructure as well as improving the customer experience through tech
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NewsBenugo turnover surpasses £134m
The café, deli, and restaurant group achieved the highest turnover in its 26-year history in 2024, while securing new contracts at locations like St Paul’s Cathedral and Windsor Castle
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NewsLola’s Cupcakes triples pre-tax profits
The bakery business, which trades from 40+ locations, reported sales of more than £26m in 2024, with plans to continue expanding in the Southeast and beyond
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NewsBrewhouse & Kitchen to expand ‘when conditions improve’
The pub operator reported a slight dip in turnover to £16.3m, albeit like-for-like sales growth improved to 2.5% in the first 35 weeks of its current financial year
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NewsThe Ivy Collection grows revenue to record highs
Revenue stood at £327.1m for the 53 weeks ended 5 January 2025 and new openings contributed to growth, with restaurateur Richard Caring reportedly in talks for a deal that could exceed £1bn
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NewsBrewDog pauses flotation plans
The multinational brewer and pub operator has rowed back on plans to become a public company, instead focusing on a return to growth and profitability
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NewsNew openings drive revenue for Various Eateries
The group delivered £24.7m revenue in H1 2025, with both Coppa Club and Noci delivering encouraging performances
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NewsThe Big Table Group tops £300m sales
Despite persistent inflation and cost of living challenges, a diversified portfolio and geographic spread have supported the group in driving sales and profitability while mitigating costs
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News200 Degrees announces record sales
The coffee shop, roastery and wholesale business – owned by The Nero Group – reported revenue had broken through the £20m mark for the first time, in the year to 31 March 2025.
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NewsTortilla undergoes debt financing; CFO to step down
The fast casual Mexican chain has entered a new financing agreement with its banking partner Santander, which extends its current debt facilities from £10m to £12.5m. Separately, CFO Maria Denny will step down in September
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NewsHeartwood: ‘We continue to invest as others cut back’
The operator of Heartwood Inns pubs and Brasserie Blanc restaurants has reported a 12.6% increase in revenue to £67.9m for the year ended 30 June 2024, with site EBITDA rising to £11.7m
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NewsStar Pubs to invest £4.5m in outside spaces
Around 88 pubs will benefit from improved gardens this year, with a quarter of these being themed to Heineken brands – and 83 pub buildings will be revamped on the outside to boost their kerb appeal.
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NewsBadiani to launch crowdfunding campaign
The Italian gelato shop operator, which has 14 UK sites, is to launch a crowdfunding campaign on Crowdcube as it looks to scale internationally.
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NewsWhitbread F&B sales drop 16% in Q1
The Beefeater, Brewers Fayre, and Bar+Block operator said the numbers were in line with expectations as it continues to rationalise its restaurant estate
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NewsOle & Steen UK delivers double-digit EBITDA growth
For the year ending 31 December 2024, UK revenue rose to £36.6m, up from £34.8m in 2023. EBITDA reached £4.8m, with strong trading in Q4 driving +17% like-for-like sales growth