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Byron in double-digit turnover and profit increase

16 April 2015 by
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.

Customer satisfaction highest with Byron and Browns >>

‘Cakeage' charge increasingly common in restaurants, says survey >>

Mike Williams named Byron people director >>

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