financials News - Foodservice Equipment Journal

Electrolux Professional makes final preparations for stock exchange listing

Financial by Andrew Seymour on 28th February 2020

Electrolux’s professional division saw a slight dip in global revenues last year as it prepares to list on the stock exchange as a separate entity. In its newly-released 2019 report, the Electrolux group said that

Blue Seal first to file accounts showing 2019 performance

Financial by Andrew Seymour on 3rd January 2020

Blue Seal has become the first catering equipment manufacturer to provide a meaningful picture of how it fared in 2019

Drake & Morgan ready to ramp up its kitchens for increase in festive bookings

Financial by Andrew Seymour on 10th December 2019

Falcon at The Commision, Heathrow Airport

London-based bar and restaurant group Drake & Morgan said today that Christmas bookings are “well ahead” of last year. The

Wagamama working on further restaurant conversions and cites “strong pipeline” for 2020

Financial by Andrew Seymour on 26th November 2019

Wagamama is planning two more openings before the end of the year – both of which will be conversions from

Mitchells & Butlers boosts market with annual sales and profits growth

Financial by Andrew Seymour on 20th November 2019

Chief executive insists performance is down to the foundations it has put in place during the last few years

ITW foodservice division preserves income despite £12m decrease in quarterly revenues

Financial by Andrew Seymour on 28th October 2019

ITW’s foodservice equipment division managed to retain its profitability despite seeing sales fall by $16m (£12m) during the third quarter of 2019. Revenues for the business, which is ITW’s second largest division by sales, slipped

D&D builds overseas business to reduce dependence on UK market

Financial by Andrew Seymour on 15th October 2019

Restaurant group D&D said today that it is building its overseas business in a bid to reduce reliance on the

Chipotle out to refine supply strategy as it runs up a loss in the UK

Operators by Andrew Seymour on 9th October 2019

Chipotle Mexican Grill has reported record sales for its UK business but the business still remains in the red. Revenue

Welbilt’s UK profits rocket on the back of chain roll-outs and soaring export sales

Financial by Andrew Seymour on 7th October 2019

Organic growth and roll-out expansion by major food chains contributed to Welbilt posting a record set of results in the

Deliveroo accounts reveal turnover grew by £200m last year

Financial by Andrew Seymour on 3rd October 2019

Deliveroo revealed today that its annual sales rose by £200m last year - the equivalent of an extra £17m on

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