Upwardly mobile 20 September 2019 The founders of coffee and brunch chain Caravan are on the move, taking their business model to new Chelsea restaurant Vardo
In this week's issue... Upwardly mobile The founders of coffee and brunch chain Caravan are on the move, taking their business model to new Chelsea restaurant Vardo
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Comptoir Group improves pre-tax loss position

12 September 2019 by
Comptoir Group improves pre-tax loss position

Comptoir Group has reported a pre-tax loss of £528,000 for the six months to 30 June 2019, down from £693,000 for the same period last year.

The half-year results for the group of Lebanese and eastern Mediterranean restaurants also highlighted a marginal 0.2% increase in revenue to £15.8m and adjusted EBITDA of £2m, up 11.1%.

Richard Kleiner, non-executive chairman, said that the “consistent, differentiated offering” from Comptoir, with an evolving menu and offering value for money, had set the business apart from the majority of operators, “a number of which continue to struggle and have fallen victim to these difficult times”.

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