Restaurants
Azzurri Group profits double to £42m in FY24
Looking ahead, the group said that Christmas trading looks ‘encouraging’, and it is ‘cautiously optimistic’ of ongoing recovery in hospitality in 2025
Azzurri Group, the operator of ASK Italian, Zizzi and Coco di Mama, has seen profits rise from £21.3m to £41.9m in its full-year results, amid a year of “strong financial performance and transformational strategic progress”.In the year ended 30 June, 2024, revenues rose by 18% to £303.1m, up from £257.8m the prior year. Meanwhile, EBITDA more than doubled to £32.1m, up from £14.3m in FY23.
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