Late-night operator the Deltic Group has reported EBITDA growth of 16.8% to £13.4m for the year to 27 February.
The group, which had already reported turnover for the year up 8%, saw profit before tax up to a record £4.3m.
During the year Deltic secured new banking facilities - £10m term loan and £5m revolving credit facility – and completed a £9m refurbishment of its sites.
The period saw pre-booked sales rise 175% across the estate with 6.9 million total visits.
On 2 February, the group announced its most recent site acquisition - a planned £1.4m investment in the launch of a new PRYZM club in Birmingham. As of the end of 2015, over half of the estate had undergone major refurbishments, with all venues refreshed through investment in new fixtures and fittings.
Deltic said that in the last year it had employed over 90 full time starters, of which 26 were promoted into management positions in roles including front of house, bar management, marketing and finance.
The group said its strategy was focussed on growth, through the continued refurbishment of under-invested sites, further strengthening of sales teams, further diversification into the bar market with Bar & Beyond and “acquisition of selective sites meeting the board’s strict criteria for venues”.
Deltic Group’s chief executive Peter Marks said: “It is very heartening to report these excellent results which reflect the hard work, capital investment and imagination of everyone at Deltic.
‘‘We now have the ideal platform to be the dominant late night player in each of our 58 clubs and bars. Our ability to respond to customer trends, backed by our financial firepower, gives me confidence in Deltic Group making further progress over the coming year.’’
