Financial results
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Kempton Park Racecourse has reported a 60% rise in corporate hospitality attendance in the 12 months to April 2012. Last month the racecourse launched its newly renovated hospitality boxes alongside the introduction of Hospitality Reward Cards...
Posted: 25 May 2012 | 10:26
Novus Leisure, which operates 52 premium bars, mostly in London, said it was on track to hit record profits of nearly £20m in 2011/12, in an update to the City this morning. The company said that its EBITDA was likely to hit £19m for the year to June...
Posted: 02 May 2012 | 10:57
Whitbread's expansion strategy is proving effective, with total revenue at the group up 11.2% to £1,778m, for the 12 months to March. Profit before tax grew 11.3% to £320m, the company said in its preliminary results announced this morning, driven by an "excellent" performance by its Costa coffee chain...
Posted: 26 April 2012 | 11:27
Greene King saw like-for-like sales in its managed pubs division rise 4.5% in the past 13 weeks, driven once again by strong food sales which rose 6.7% over the same period. In a trading update this morning, ahead of its preliminary results for the 52 weeks to 29 April...
Posted: 23 April 2012 | 10:36
French catering and facilities management giant Sodexo has posted "solid" first-half results with revenues in its UK and Ireland business growing 8.3% to €680m (£556m). The company said the increase was driven by the success of the hospitality contract from the Rugby World Cup in New Zealand...
Posted: 20 April 2012 | 10:52
Domino's in the UK and Ireland has taken over £1m in sales through mobile platforms in a single week for the first time. The news came as the company unveiled a modest 4.5% rise in like-for-like sales in its 660 "mature" stores...
Posted: 28 March 2012 | 12:04
Suffolk brewer and pub company Adnams had a good year in 2011 despite continuing difficult economic circumstances. The company saw sales rise to £54.6m in the 12 months to 31 December 2011, up from £50.9m...
Posted: 28 March 2012 | 11:01
The Walkabout bar in Cardiff broke its own record for trading in a single day on Saturday when it took £169,000 thanks to a weekend of sport. The figure was £25,000 up on the Intertain-owned bar's previous best performance...
Posted: 19 March 2012 | 14:21
Pub company and brewer Marston's has experienced tougher trading since a strong Christmas and New Year. That was the message from the firm's trading update for the 23 weeks to 10 March 2012...
Posted: 14 March 2012 | 10:11
Westbury Street Holdings (WSH), the parent company behind BaxterStorey and Benugo, has seen another strong year of growth as trade tops £400m. Its Its other businesses, Holroyd Howe, Caterlink and Portico...
Posted: 12 March 2012 | 11:21
Restaurant company Tragus, which owns the Cafe Rouge and Strada brands, is said to be set to meet its banks this week to avert a breach of its banking covenants. The group, owned by private equity firm Blackstone, has admitted it is likely to fail a covenant test....
Posted: 05 March 2012 | 13:10
A £100m reduction in debt and a restructuring of the management team at Malmaison and Hotel du Vin is expected to help the two hotel brands through a difficult year ahead, according to the half yearly report from parent company MWB Group Holdings...
Posted: 01 March 2012 | 13:55
The Restaurant Group (TRG) saw revenues increase by 7.25% for 2011, despite what it describes as a weak economic backdrop. The company behind restaurant brands Garfunkel's, Chiquito and Frankie and Benny's...
Posted: 29 February 2012 | 10:38
Stronger demand in the UK has helped Domino's Pizza UK and Ireland drive like-for-like sales up 3%, despite ongoing tough trading conditions in Ireland. The pizza delivery company recorded a UK like-for-like sales increase of 3.7%...
Posted: 15 February 2012 | 09:37
The Restaurant Group is targeting 25-30 new openings in 2012, after it registered a 7.25% rise in turnover in 2011, along with a 3.25% rise in like-for-like sales. In a statement ahead of its full-year results, the company behind restaurant brands Garfunkel's, Chiquito and Frankie and Benny's, as well as pub brand Brunning and Price...
Posted: 10 January 2012 | 10:36
Britain's big pub and restaurant groups have enjoyed a strong end to the year, with like-for-like sales up again in November by 2.1%. It is the sixth month running that the eating and drinking-out-of-home market has seen positive trading...
Posted: 19 December 2011 | 11:37
Greene King's strong growth in food sales has helped increase revenue by 9% to £527.5m for the 24 weeks to 16 October 2011. Pre-tax profit was also up by 5.6% to £77.2m. The period saw Greene King acquire Capital Pub Company, and said it was on track with its strategy...
Posted: 01 December 2011 | 09:52
Marston's programme of building new pubs with a focus on food has helped deliver a 4.8% rise in revenue to £682.2m for the year to 1 October 2011, with underlying pre-tax profit up 9.4% to £80.4m...
Posted: 30 November 2011 | 10:48
London brewer and pub operator Fuller, Smith and Turner has reported a good start to its financial year, with growth in all parts of the business despite the economic pressures. The Chiswick-based company reported a 6% increase in revenue...
Posted: 25 November 2011 | 10:44
London-based pub company Young's has reported a 33% rise in revenue to just over £90m for the half year to 3 October 2011. The company also saw a 10.5% rise in adjusted pre-tax profit to £12.5m...
Posted: 24 November 2011 | 09:55
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