Finance – Page 36
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NewsKnoops looks ahead to ‘another exceptionally successful year’
The chocolate drinks specialist, which is the brand partner for Wonka, is eyeing its “best Christmas ever” with record sales in November continuing into December
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Weekend PressHollywood Bowl investors eye strong profits despite cost-of-living pressure
The ten-pin bowling operator is expected to unveil strong profits amid resilient leisure spending, writes The Standard
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NewsMission Mars concepts outperform market
The Albert’s Schloss operator reported strong growth across the group over the last two years, with Rudy’s Pizza delivering like-for-like growth of 24%
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NewsKFC UK&I reports 3% decline in turnover
The fried chicken giant reported £284.4m in turnover for 2022, attributing the decline to a strong comparative year combined with cost of living pressures
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NewsRecord turnover for Swingers amid global expansion
Turnover for global operations stood at £36.2 for the crazy golf concept’s four sites in the UK and US, with further sites soon to be added in Vegas and Dubai
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NewsETM Group reports strong like-for-like growth
The operator of The Aviary and The Botanist Sloane Square has reported turnover of £27.9m in the year to February 2023, underpinned by like-for-like sales growth of 16%
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NewsCooplands reports ‘challenging’ period
The bakery chain said cost pressures had resulted in the company reporting a loss in 2022 despite growth in sales
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NewsNando’s continues strong sales momentum
The peri-peri chicken concept has seen “continued steady recovery” with revenue for the UK & Ireland hitting £976.5m in the period ending February 2023, compared to £819.2m in 2022
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NewsDomino’s to open 60 stores this year
The company is on track to deliver its FY23 guidance of underlying EBITDA in the range of £132m-£138m
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NewsVarious Eateries raises £10m in share placing
The funds will be used to support plans for up to 10 new Noci sites and up to three new Coppa Club sites, including Cardiff and Farnham
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NewsLeon to continue growth despite losses
The healthy fast food brand posted a £15m loss last year, but will have further opportunities for growth after its parent company was acquired by Asda
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NewsKFC acquires 218 restaurants from EG Group
The transaction sees KFC significantly expand its corporate estate from a previous 50 units
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NewsHonest Burgers: HMRC chasing crowdfund cash
CEO Frank Hayes has suggested HMRC may have been overzealous in slapping the business with a winding up order after becoming aware it had recently raised £3m via crowdfunding
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NewsSoho Coffee committed to returning to profitability
The 28-strong coffee shop operator reported revenue of £16m in the year to January 2023, along with a commitment to the long-term future of the business
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NewsVarious Eateries looks to raise £12m
The Hugh Osmond-backed group, which runs Coppa Club and Noci, is also considering a potential debt for equity swap, as it look to accelerate expansion and capitalise on favourable opportunities in the market
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NewsSSP surpasses pre-pandemic sales
UK sales were up by 22% at the travel concession operator, but profits were hit by the slower recovery in rail and significant disruption caused by strikes
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NewsMarston’s grows revenues and pub operating profit
Revenues were up 9% to £872.3m (2022: £799.5m), as the company targets ‘back to a billion’ in sales
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NewsGail’s bolstered by continued top line growth
The artisan bakery chain reported turnover of £135m in FY23, with “healthy growth” in its established locations and c28 openings planned for FY24 as it continues expansion outside the Southeast
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NewsRed Oak Taverns refinances debt with OakNorth
OakNorth had previously financed the business for six years, ahead of Red Oak moving to Hayfin in March 2022
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NewsHonest Burgers clashes with the taxman over bill
The business was slapped with a winding-up petition by the taxman last week after talks to agree a “time to pay” arrangement collapsed, The Sunday Times reports