Byron in double-digit turnover and profit increase
Hamburger restaurant chain Byron has recorded double-digit rises in both turnover and pre-tax profit, in its first set of annual accounts since it was sold by Gondola Group.
Byron saw turnover rise 34% to £55.2m for the year to 29 June 2014, while pre-tax profit was up 27% to £5.6m.
The company was sold by Gondola to Hellespont Holdings Ltd, a subsidiary of private equity firm Hutton Collins, for £100m in November 2013.
It opened 10 restaurants during the year, including a further four sites outside of London.
Byron, which is run by director Tom Byng, has 50 sites, of which 37 are in London. It is due to open a new restaurant at the Intu Derby shopping centre in Derby soon.
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