Revolution Bars Group achieved 48% of sales in the four weeks to 9 May 2021 compared to the equivalent period in 2019 – despite only having around 15% of capacity available due to outside trading restrictions.

Revolution said as a result of this, tight cost control and “better than anticipated support from third parties”, its full year performance for the year ending 30 June 2021 would be ahead of expectations.

Net bank debt at 10 May stood at £28.5m, with total available facilities of £40.2m.

The group said: “We believe this performance has been underpinned by the strength of our brands, our loyal customer base and the improvements we have made to the business during the period of forced closure.”

Having opened 20 bars on 12 April, a further five bars have since opened outdoor space, including those permitted by the relaxation of restrictions in Scotland, Wales and Northern Ireland.

The bars have traded “extremely strongly”, despite the often unseasonably cold weather

Following the customer reaction, the company is confident that “significant further pent up demand exists” and further strong trading is anticipated in the months to come as restrictions fall away.

Rob Pitcher, CEO of Revolution Bars Group said: “As predicted we have seen huge pent up demand and a rapid recovery across the nation in the bars with outside space that we have been able to open to date.

“The ability to trade inside from 17 May 2021 provides another landmark in the Roadmap and whilst we will still be restricted to using less than 50% of our actual capacity, the demand that we have experienced in recent weeks provides us with the confidence to open all the remaining bars.

“We are delighted to welcome our guests back indoors from the 17 May 2021, and look forward to the full benefits still to come when all restrictions are lifted in mid-June.”