KellyDeli, operator of sushi kiosk concept Sushi Daily, has filed accounts for the year to 31 December 2022, reported a slight decline in sales and EBITDA following a record-breaking year in 2021.
Like-for-like sales were down 9.6% vs 2021, but up 4% vs 2019. Revenue was up 6% to €93m and EBITDA down 7% to €35m.
Turnover was €451.9m compared to €465.8m in 2021.
While France and Italy – the group’s two biggest markets – were down vs 2021, the UK – the group’s third biggest market – grew 3%.
2022 sales were impacted by two factors: customers reverting to eating out following the end of the pandemic as well as the cost of living crisis, according to the update.
The core business, kiosks in retail environments, maintained EBITDA levels from 2021, he most profitable year in the group’s history.
Furthermore, KellyDeli opened over 130 points of sale and continued to invest in its diversification strategy.
It now operates over 1,000 kiosks across Europe and Mexico, including more than 150 in the UK.
“The group remains committed to growing and developing the core business model in its current territories whilst continuing to invest in diversification and new sources of growth.
“To achieve this the group will look to expand its brand portfolio to offer different concepts to allow greater flexibility to retailers and customers. Furthermore, we will leverage growth out of our existing network through new product ranges and good concepts that are complementary to our existing offer.”
Earlier this year, KellyDeli’s global brand director, Romy Miller, told MCA Sushi Daily is committed to growing its kiosk business alongside delivery and click-and-collect sales in the UK.
Sushi Daily is exclusive to Waitrose and select Asda stores, while KellyDeli’s multi-brand offer including elevated grab-and-go offering from Korean and Mexican cuisine is on trial at Tesco.
