In the three weeks to September 5, Fulham Shore has seen revenues increase by 27% compared to 2019, the company announced in a trading update. This represents an acceleration from the +8% average increase for the eight weeks ended 15 August 2021 that were announced in the Group’s Final Results.

Franco Manca

The Group’s 17 restaurants that are located in the West End of London and city centre office locations, have, in these three weeks, continued to see a week-by-week improvement in footfall and revenues as tourists and office workers have started to return, although results in these locations are still down compared to 2019 levels.

During the Group’s current financial year, which ends March 2022, there have been two Franco Manca openings, with the 20th The Real Greek also opening. These openings haven taken the total number of restaurants operated by Fulham Shore to 75.

Since 17 August 2021, fitting out works have commenced on two new Franco Manca pizzeria, in Blackheath Village and on Baker St in London. 15 more potential sites are in solicitors’ hands for both Franco Manca and The Real Greek.

David Page, chairman, commented: “We are very encouraged by the accelerating revenue growth trends during recent weeks despite continued challenging trading conditions. This reflects the popularity and relevance of both Franco Manca and The Real Greek, underpinned by their great food and fantastic value.

We continue to see a number of exciting growth opportunities and are on course to open 10 locations during the current financial year, with more than 150 additional sites in our medium-term plans.”