Final results for the 52 weeks ended 27 December 2015 2015 results Group revenues £685m up 7.9% Like-for-like sales up 1.5% EBITDA £128.0m up 9.4% Operating profit £88.9m up 10.5% Profit before tax £86.8m up 11.2% EPS 33.8p up 12.8% Free cash flow £97.2m up £11.7m Record financial performance Full year dividend 17.4p, up 13% Good progress on new … [Read more...]
Unique new Russian street food bar to open in heart of Soho
In the basement space of a Grade II listed Soho townhouse, right next door to the legendary Ronnie Scott’s, a revolution is brewing. For launching here on 31st March is Zima, a totally new concept that combines Russian street food and drink in a kitsch speakeasy atmosphere unlike anything London has seen before. Making it all possible is Russia’s most celebrated chef, Alexei … [Read more...]
Sodexo secures Catering Mark for children’s menu at St Mary’s Hospital
Sodexo’s children’s menu at St Mary’s Hospital in London has been awarded the Food for Life Catering Mark Bronze Standard. Imperial College Healthcare NHS Trust and Sodexo introduced a new kitchen to serve St Mary’s Hospital paediatric ward last autumn. The introduction of the kitchen means that children are able to choose from a wider range of dishes, freshly prepared on … [Read more...]
Pub operator JD Wetherspoon and sugar tax
Sales of non-alcoholic sugar-free drinks served at Wetherspoon pubs are on the increase – according to research from the pub company. The research shows that 59 per cent of soft drinks, coffee and tea sales in its pubs are sold as sugar free (though some customers might choose to add sugar to hot drinks). Wetherspoon chairman Tim Martin argues that it highlights the fact … [Read more...]
PizzaExpress Group Half year results for the 28 weeks ended 10 January 2016
Good growth in sales and profit and continued progress against strategic priorities Highlights Turnover grew by 15.9% to £267.2m (H1 2014/15: £230.6m) UK and Ireland like-for-like sales increased by 0.5% EBITDA 3.0% ahead of last year at £56.4m (H1 2014/15: £54.7m) Estate continued to grow, with 13 new site openings in the UK and 12 internationally Autumn … [Read more...]