Various Eateries revenues rise 8.8% to £24.7m in H1
Looking ahead, the group stated that it is trading ‘in line with market expectations’ for the full year
Various Eateries has reported an 8.8% increase in revenues to £24.7m (H1 2024: £22.7m), with the growth largely driven by new site openings.
It also reported that gross profit rose by 93.1% to £2.6m, up from £1.3m the prior year, for the 26-week period ending 30 March 2025.
Meanwhile, the group also reported an adjusted EBITDA profit of £0.1m compared with a loss of £1.2m in H1 2024.
Additionally, its like-for-like sales for the twelve-week period post its half-year were up 6.8%. Looking ahead, the group said that it is trading “in line with market expectations” for the full year.
Mark Loughborough, CEO of Various Eateries, said: “The first half of the year has been defined by steady, disciplined progress, and I’m pleased with the headway we’ve made. We’ve remained focused on enhancing the core of the business – improving the guest experience, strengthening our teams and laying solid foundations for future growth.
“One of the key reasons I joined Various Eateries was the clear potential I saw – in the strength of the brands, the loyalty of our guests, and the opportunity to scale with quality. That belief has only grown. We’re now making meaningful progress, underpinned by a shared sense of purpose and a clear ambition to turn potential into long-term success.”
He added: “While the wider economic landscape remains challenging, both Coppa Club and Noci have delivered encouraging performances. I believe the momentum we’re building is sustainable. With a solid start to the second half, robust foundations in place, and a clear, phased growth strategy, we remain optimistic about the road ahead.”
