All Finance articles – Page 3
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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
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Analysis & InsightDelivery market in ‘era of consolidation’
Following Deliveroo’s recently announced acquisition by DoorDash, Simon Brooke considers the consumer outlook for food delivery, and the prospects for further M&A deals in the space
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NewsDiageo considers ‘substantial’ changes to portfolio
The Guinness owner revealed it is weighing up the possibility of brand disposals to generate additional funds, while the current tariff regime is expected to cost the company $150m
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NewsThe Restaurant Group in talks to buy Oakman sites
The Wagamama owner is in advanced discussions to acquire some of Oakman’s pubs and integrate them into the Brunning & Price estate, Sky News reports
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NewsYolk targeting 50 UK sites, with further fundraise £1.5m underway
The food to go business, which has just launched a new brand identity, is ”confident” of its ability to open five to six sites a year
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NewsTurtle Bay founder acquires stake back from Piper
The private equity firm has sold its stake in the Caribbean restaurant and bar business back to founder Ajith Jayawickrema, with current chair Jane O’Riordan to step down following the transaction.
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NewsVaulkhard Group secures £5.2m funding, acquires Newcastle freehold
The funding from HSBC UK will also support a major refurbishment of Offshore 44, the group’s Quayside venue, and is now eyeing further acquisitions
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NewsButcombe Group delivers record Q1 results and double-digit growth
The group achieved record revenues of £149m, up from £144.4m, with underlying group EBITDA growing 7.4%. CEO Jonathan Lawson said the results reflected “continued operational strength and effective strategic investments”
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NewsRedCat in talks over Greene King package
The Rooney Anand-chaired pub company is in advanced talks to buy a 39-strong package from his former company Greene King, Sky News reports
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NewsMarston’s profitability and debt reduction remain on track
The 1,333-strong pub operator also delivered a 2.9% uplift in like-for-like sales in H1 2025, increasing to 10.5% over the past five weeks
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NewsTarka hostel and bar concept secures £10.3m from OakNorth
The digital bank has provided a £10.3m facility to Tarka Edinburgh, which is actively seeking opportunities to roll out upscale pod-style hostels
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Analysis & InsightPunch Pubs reports revenue growth and strong trading
The group reported revenue of £168.3m for the 28 weeks to 23 February 2025, up from £165.1m the previous year
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Analysis & InsightKrispy Kreme reports Q1 loss, prepares UK brand repositioning
The global doughnut brand reported a 15.3% drop in net revenue to $375.2m in Q1 2025, with organic revenue down 1%