ETM Group reports record Christmas trading
The 14-strong bar and restaurant group, ETM, has reported its “best ever Christmas” with overall revenue up 16% and like-for-like sales rising to 13.1% for the five weeks up to 31 December.
One of the biggest growth areas for the company was in pre-booked event sales which saw an uplift of 13.3%.
Ed Martin, CEO and joint founder of ETM said: “We are delighted with the group’s performance over the festive and New Year period – delivering double-digit growth and record sales of over £1.2m for the week ending 16 December. Through innovative trading formats, investment in a new sales division and robust forward planning, we have been able to optimise sales across all our venues.
“I am immensely proud of our teams whose hard work has delivered this great result. “We are optimistic for 2019 and hope to see a very positive first quarter with forthcoming major sporting events like the NFL Super Bowl and Six Nations.”
ETM will continue its site roll out with the group’s fourth sports-led venue, Redwood at London Bridge, set to open this summer, building on its success with Greenwood, Long Arm Pub and Broadleaf.