The Parogon Pub Group has reported its results for the year ended 30 June 2022, with turnover of £23.8m and net profit after tax of £1.7m.

In comparison, turnover was £10.2m and profit after tax £582,000 for the year to June 2021, which was affected by Covid-19 restrictions.

During the period, the group purchased a freehold venue in Congleton, Cheshire, which will be its 10th site and second The Orange Tree. The operator currently runs nine restaurants in Staffordshire, Cheshire, and Shropshire, including The Swan With Two Necks in Blackbrook and The Orange Tree in Newcastle.

Last year, It announced plans to open 10 new sites by 2025, following a gearing up of its expansion strategy following the pandemic.

With a target of opening two new sites per year, the group will look to use existing concepts for future sites. In addition to The Orange Tree, Parogon sees potential to expand Willow’s all day dining concept to high streets and retail park units.

It is seeking large, high visibility freehold sites to continue expanding into Shropshire, Cheshire, and surrounding counties, as well as more compact Willow sites.

“The directors believe there is huge scope to expand the offers which the group operates to further areas. Evolution and innovation of our offer to the public will continue to allow us to exploit our competitive advantage in the marketplace.

“Central costs at the existing level will allow for at least two more sites without significant additional expenditure, which will facilitate sustained group EBITDA growth over the next two years.

“Brand loyalty built over many years has continued to strengthen and afford the group a considerable advantage in the market space.”