Revolution Bar Group reports trading …

Revolution Bar Group has reported a trading boost of 10.6% in the second half of 2017, helped by strong Christmas sales.

The 26 weeks to 30 December saw revenue grow to £73.7m across the operator’s 72 UK bars, which trade under the Revolution and Revolución de Cuba brands.

Four new venues opened during the period: Solihull, Inverness and Putney in December and a Belfast opening in July.

The four weeks to 31 December saw the group’s like-for-like sales up 5.9% – the fifth consecutive year it has enjoyed record sales in the festive period.

Executive chairman Keith Edelman said: “I am delighted with our sales performance in the second quarter and over Christmas.

“This is the fifth year that the group has recorded record results over the key trading period and again demonstrates the appeal of our brands.

“This excellent result underlines that the group is delivering on its strategy of expanding the two brands whilst continuing to drive like for like growth in the core estate.”

No Christmas cheer for restaurant and pub groups >>

Oakman Inns celebrates turnover increase of more than 20% >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

Source link

Post Author: MNS Master

Leave a Reply

Your email address will not be published. Required fields are marked *