News Column

Restaurant Group in profit joy

August 30, 2014

FRANKIE & Benny's owner The Restaurant Group has lifted half- year profits even though sales dipped during the World Cup.

The firm, which owns 450 restaurants and pubs, said its pre-tax profits jumped 12.3 per cent to pound(s)33.7 million over the 26 weeks to June 29 as it opened new sites and catered for more diners at existing outlets.

Sales rose 10 per cent to pound(s)308 million.

The firm, which includes Chiquito and Coast to Coast, added that like-for-like sales lifted 2.5 per cent over the period, with its only negative month coming in June.

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Source: Herald, The (Scotland)

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