ETM Group, the 13-strong independent bar, pub and restaurant group, provides the following trading statement for December 2016.
The Group enjoyed a 23% growth in sales during the month of December with like-for-like sales up 6% on the previous year.
The openings of venues Burdock (October) and Aviary (December) exceeded forecasts with ETM Group experiencing its most successful New Year’s Eve on record at Aviary.
Ed Martin, ETM co-founder comments:
“We are extremely pleased with the group’s performance – despite tough trading conditions we have delivered positive like-for-like growth. Much of the success of December can be attributed to our dedicated sales team who played a vital role over the festive period and the collaborative relationship we enjoy as F&B partner to Montcalm Luxury Hotels, where four of our venues sit across two properties – Aviary and Burdock at Royal London House and the Jugged Hare and Chiswell Street Dining Rooms at The Brewery London City.
We have just opened our restaurant, pub and sports lounge, Greenwood, at Victoria’s new Nova development and recently strengthened our management team, both of which will further drive the group’s performance”.