Brunning & Price has said sales were up 11% to £80.5m for the year ending 30 December 2018.

Pre-tax profits were also up to £13.8m, compared to £10.1m the previous year, before exceptional items.

“Our business is well positioned in the market with a compelling, differentiated food-led offer that consistently outperforms the pub restaurant sector,” said the business.

“Strong operational execution, along with locally sourced produce, has attracted a loyal and increasing customer base that rates the offering highly.

“The business delivers consistently good and growing returns, with recent openings consistently delivering Ebitda returns in excess of 20% (on an assumed leasehold cost base).

“Our estate is largely freehold asset-backed with a book value in excess of £75m and requires – relative to fast-changing casual dining formats – relatively modest levels of ongoing maintenance capital spend.

“We see opportunities to increase like-for-like sales through optimising our menu-pricing architecture and developing better offerings for previously considered non-core occasions such as breakfast and afternoon tea. We will continue to look for ways we can maximise the use of technology, building on the success we’ve had in driving bookings.”

It also said it opened six pubs last year and they were “performing well”.