Finance – Page 26
-
News
Hall & Woodhouse offloads Rio
Irn Bru maker A.G. Barr has aquired the tropical drink brand for £12.3m
-
Weekend Press
Why private equity is back — and which companies are on the hit list
After Apollo Global Management’s £500 million swoop for The Restaurant Group, The Times explores the resurrection of dealmaking
-
News
Caffè Nero reports strong first quarter
Q1 sales were 13.5% higher year-on-year in the UK and 19% at group level between June and August, driving a strong start to the financial year
-
News
Three Joes revenues rise to £16m
Three Joes and The Stable operator Sourdough South opened new sites in Cambriidge and Chichester earlier this year
-
News
Cubbitt House makes ‘vast improvement’ in profits
The TDR Capital-backed premium pub business said like-for-like company EBITDA was £908k in H1 2023, following a loss of £32k last year
-
News
Deliveroo Q3 sales up 7% to £297m in UKI
In the UK & Ireland, growth transaction value (GTV) was up 9%, while orders were up by 3%
-
News
Whitbread: first half beats expectations
Whitbread has reported a strong H1 performance driven by a differentiated model, with statutory revenue of £1.6bn and statutory profit before tax of £395m
-
News
Just Eat sees ‘strong momentum’ in UK
Gross transaction growth in Northern Europe and UK and Ireland increased in Q3, to +6% and +4% respectively
-
News
D&D London transaction completes
Calveton and partner Breal Capital have acquired the restaurant and bar group, promising a “clear runway for continued success”
-
News
Rick Stein increases turnover in 'challenging year'
The Cornwall-based restaurant business reported turnover of £12.5m in the year to January 2023, compared to £11.7m the previous year
-
News
Papa Johns faces headwinds
The 531-strong pizza chain reported turnover of £95m in 2022 and faced pressures on profitability as a result of the wider economic climate
-
News
Revolution sees Peach Pubs boost
The bar and pub group grew turnover to £150m, but a challenged late-night bars sector left like-for-like sales down -8.7%
-
News
Origin Coffee secures £3.1m investment
Led by Create Impact Ventures, with dairy brand Yeo Valley, the investment will help scale the speciality coffee company’s digital, direct-to-consumer, retail and wholesale channels
-
News
Shoryu ramen returns to profit
The Torridoll-backed ramen concept posted net profit of £122k from a turnover of £10.8m
-
News
D&D London deal is ‘imminent’
Calveton and Breal Capital are set to acquire the restaurant and bar group, valuing it at about £60m including debt, The Times reports
-
News
Chipotle UK renews focus on building brand awareness
The fast casual Mexican chain reported revenue of £17.9m in 2022, with growth in the UK partially dependent on increasing sales and familiarity with the brand
-
News
Costa Coffee returns to profit
The coffee chain has reported its 2022 financial results with turnover of £1.1bn, alongside a focus on its omnichannel strategy to create the ‘Total Coffee Company’ proposition and further build on its international foundations
-
News
Investor slams The Restaurant Group’s £506m price tag
Activist investor TMR Capital has slammed the price of the buyout deal for The Restaurant Group (TRG), claiming it undervalues the Wagamama-owner by around £100m
-
News
Vultures circle for Stonegate pubs
Funds are circling a portfolio of 1,000 British pubs as the country’s biggest operator grapples with the fallout from soaring interest rates on a multibillion-pound debt pile, The Sunday Times reports
-
News
Pizza Hut Europe losses widen
The Yum! operated business reported a loss after tax of $126.1m (£103.7m) for the year ending 31 December 2022, widening from $12.6m (£10.3m) the previous year.