Finance – Page 49
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NewsSSP sees passenger numbers rebound
The travel concession operator said trading had recovered to near 2019 levels
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NewsDishoom sees significant increase in revenues
Trading growth has continued during 2022 and guest numbers have returned to pre-Covid levels at the Indian restaurant group
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NewsSoul Foods secures ‘significant minority investment’
The UK and Canada-based KFC, Starbucks and Taco Bell franchise secured the investment from Centerbridge Partners, Metric Capital Partners, and OpCapita
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NewsBrewhouse & Kitchen: ‘2022 has been extremely challenging’
The group reported a loss before tax of £1.9m for the year to 25 September 2021, with 2022 challenging due to extra cost pressures
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NewsBrighton Pier Group’s sees bar sales up
The group’s Bars division achieved revenue of £11.2m in the 52 weeks to 26 June 2022, compared to £1.3m in 2021, with like-for-like sales up 21% on pre-Covid levels
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NewsComptoir reports strong sales and profit
In its interim results, the group has stated it remains cautious but optimistic for the future due to the strength of its balance sheet
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NewsHostmore YOY revenue more than doubles
Group revenue increased by 147%, to £98.5m, in the six months to 3 July 2022, but recent like-for-like trading has been weaker than comparable pre-Covid levels, down 14%
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NewsCity Pub back to pre-pandemic trading levels
The group achieved revenue of £26.1m over the six-months to 26 June 2022, compared to £8.9m in H1 2021, with its financial position strengthened albeit with a rising cost burden
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NewsTasty faces ‘severe headwinds’
The Wildwood operator reported a loss after tax of £2.7m, as it warned inflationary pressure on labour, food and utilities was impacting the business “considerably”
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NewsRecord accommodation sales boosts Liberation Group
The Channel Islands-based operator saw a strong performance in the UK, with recovery in Guernsey and Jersey boosting trading
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NewsInflation expected to have reached 10.2%
The latest figures, to be published by the Office for National Statistics on Wednesday, will put pressure on the Bank of England to recommend a further interest rate rise later this month
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NewsHeineken buys remaining shares in Beavertown
As part of the agreement, founder Logan Plant will step down as CEO and take on a new advisory role, with Jochen Van Esch becoming managing director
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NewsTRG reports slow recovery
The Wagamama and Barburrito operator reported like-for-like sales up 4% on 2019 and profit before tax of £10.2m, up from a 2021 loss of £19.9m
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NewsRekom UK in ‘rude health’
The late night operator said its target audience of 18-24 made it less likely to feel the impact of a pending recession compared to businesses with an older demographic
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NewsPeckwater secures £14m on Seedrs
Backed by Stonegate Group and SoftBank Investments, the virtual restaurant operator launched the crowdfunding round yesterday with a pre-money valuation of £50m
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NewsFoodservice performs for EG Group
Year-on-growth of 11% in gross profit was achieved within its foodservice operations in Q2, boosted by the contribution from recently acquired Leon and Cooplands Bakery
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NewsVegan meat producer raises £62m investment
Swiss-based Planted is being backed by L Catterton, the private equity division of LVMH, known for Louis Vuitton, Moët, Hennessy and Dior.
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NewsFulham Shore reports resilient trading
The operator of Franco Manca and The Real Greek has announced trading remains resilient, with 18 restaurants set to open within the financial year
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NewsTrust Inns reports return to profit
The 350-strong Northwest pub operator announced a return to profit in the year ended 31 March 2022, from a loss of £8.5m the year before
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NewsYO! operator reports record performance in 2021
Snowfox Group, the operator of YO! Sushi, announced UK turnover rose from £61m in FY20 to £101.8m in 2021