Finance – Page 12
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Weekend PressGeneral Atlantic is exploring US IPO of Joe & The Juice
Private equity firm General Atlantic is exploring a potential US initial public offering of Joe & the Juice as soon as next year, Bloomberg reports
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NewsAuntie Anne’s UK growth boosted by strong like-for-likes
The food to go concept, known for its hand-rolled pretzels, achieved 10% like-for-like growth in 2024 and is pushing to reach 100 sites
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NewsHoni Poke acquires Island Poké
The combined businesses operate 45 sites across the UK and Europe, in a strategic move to establish Honi Poke’s position as the UK’s leading poke operator
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Analysis & InsightGreggs shares drop in wake of profit warning
Barclays analyst Richard Taylor cited “concerns of overexpansion,” saying investors are “reasonably questioning whether the scale of the rollout is still appropriate”
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NewsPortobello Pub Company ‘consistently ahead of market peers’
The Zetland-backed, 27-strong pub group said like-for-like growth remains strong in a challenged market, with group revenue of £29m
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NewsCooks Coffee nears 100 sites
The Esquires cafe operator increased sales by 27.8% to £10.2m in Q1 FY26, reflecting strong trading momentum
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NewsGreggs’ full year profits expected to be below 2024
Like-for-like sales in June were impacted as very high temperatures affected the UK, reducing overall footfall
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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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NewsBoost Juice operator sees strong results across estate
TD4 Brands has reported a 7.8% increase in sales to £14.9m, with the business focused on new sites in premium shopping centres
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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