Scottish restaurant group Di Maggio’s saw turnover down by £4.2m at the beginning of last year following the first coronavirus lockdown.

In its Companies House accounts for the year ending 23 April 2020, turnover was £32.3m, compared to £36.5m the previous year, a dip the group attributes to its enforced closure period from the middle of March.

Pre-tax profit also fell, to £1.9m (2019: £3.9m), but gross profit margin improved slightly to 72.4% from 71.8% in 2019. Operating margin for the period was 6.76%, against 13.9% the previous year.

Though all its 18 restaurants were closed in March, the group said upon reopening in the summer it had benefited from the Eat Out to Help Out scheme, and it was continuing to look for suitable restaurant sites for expansion.

“While the trading environment is expected to remain very challenging for the immediate future, the directors believe in the long-term variability of the business and the resilience of the hospitality sector,” the report said.

At the period end shareholders’ funds totalled £16.8m, up from £16.4m in 2019.