All Finance articles – Page 4
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NewsCoca-Cola: ‘Costa business is doing well’
Coca-Cola CEO James Quincey says Costa has seen investment and volume growth in its UK estate, but is “standing back and reflecting” in what’s next for its coffee strategy
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NewsBrunning and Price sees ‘significant potential’ in bedrooms
The Restaurant Group-owned pub company plans to open three-six new sites in 2026, after outperforming the market in its latest financial results
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NewsPizza Hut UK acquires 64 restaurants in pre-pack deal
While almost half of Pizza Hut’s dine-in sites have been acquired out of administration, 68 restaurants and 11 delivery sites will close as part of the deal, resulting in more than 1,210 job losses
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NewsVarious Eateries beats expectations with 6% revenue growth
The Coppa Club and Noci operator expects full-year revenue of £52.4m, with like-for-like sales up 4% during H2
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NewsAmber Taverns delivers record turnover of £120m
The community pub operator, which trades from 184 pubs across the UK, saw turnover increase 9% year-on-year, with profit before tax up 7% to £19.1m
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NewsWhitbread: New integrated offering offsets F&B sales dip
The Premier Inn operator has reported a 4% decline in its F&B sales in H1 FY26, in line with expectations as it removes its lower-returning branded restaurants
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NewsRed Engine agrees further £10m investment
The new financing, from Santander, HSBC, and Barclays, will enable the operator to continue expanding its Flight Club and Electric Shuffle brands
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NewsUK sales growth drives results for Nero Group
The parent company behind Caffè Nero delivered record sales of £166m in the first quarter of its financial year, boosted by 7% growth in the UK
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NewsMiddletons appoints advisors to assess options
Trading at the steakhouse & grill concept has been adversely impacted by the current economic factors, particularly rising food costs and changes in consumer spending habits
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NewsGerry’s Hot Subs closes successful fundraising round
The American-style premium subs concept, led by Bodean’s founder Andre Blais, has secured £250k in new investment to help fund its next two openings
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NewsHonest Burgers turns a profit for first time since 2020
The burger restaurant company has re-financed its debt to enable further expansion, with the new bank facilities expiring in 2030
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NewsValiant achieves positive EBITDA in FY25
The community-focused pub company, founded in 2021 by Gerry Carroll and Mark McGinty, added 24 sites to its estate last year, with its estate totalling 80 pubs by the year end.
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NewsThe Alchemist to be put up for sale
Long-standing private equity backer Palatine is working with advisors on an auction of the experiential cocktail bar group
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NewsDessert chain Batch’d secures £1.1m investment
The 25-strong Leeds-based dessert specialist plans to double in size and grow turnover to £20m by 2029
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NewsWelcome Break announces £400m capex programme as it extends leases on eight motorway sites
The motorway service area operator has signed a ‘landmark’ 75-year extension with National Highways and Department for Transport
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NewsFive Guys profits down amid low consumer confidence
The European holding company of the premium burger brand posted a loss of £43m in 2024, driven by depreciation and non-cash charges
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NewsMarston’s delivers ‘strong profit growth’
Underlying profit before tax for FY2025 is forecast to beat expectations of £67.2m, with like-for-like sales growth of 1.6%
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NewsScoffs Group reports substantial increase in EBITDA
Costa Coffee’s largest UK franchisee has reported adjusted EBITDA of £4.1m for FY24 – up 92%, with the opening of its first franchise Itsu location marking a “significant milestone” in its diversification strategy
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NewsBoston Tea Party sees 40% EBITDA uplift
The 23-strong coffee shop business has reported sales of £21.1m for 2024 – flat with the previous year – but a focus on menu simplification and tighter forecasting has helped mitigate increased labour costs
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NewsWendy’s UK increases sales
The QSR chain reported £33.9m turnover in 2024, amid plans for 150 new openings across Europe by 2028