Cafes and Coffee Shops
Soho Coffee Co. FY losses widen by 60% to £3.2m
Whilst trading conditions remain challenging, BTC views this as largely cyclical and stated that it remains ‘fully committed to supporting its existing UK operations’
BTC Group Holdings’ Soho Coffee Co. and Euphorium Bakery have reported that losses widened in the year to 31 January 2024, with the coffee group’s losses rising 60% from £2m to £3.2m and the bakery chain’s losses rising 27% from £944,402 to £1.2m.
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