Italian caffé chain Carluccio's has seen its turnover pass £45m, 10 months after flotation on the Alternative Investment Market.
In a pre-close trading statement, the company said turnover had increased 24% to £45.6m at its 27 cafés (up from £36.8m in 2005).
Pre-tax profit was said to be in line with the company's board's expectations.
Carluccio's opened at five new locations during the year, including Westbourne Corner (London), Oxford Castle, Brighton, and in London's Chiswick and Richmond.
It plans five new openings in its new financial year, just started, the first of which will be in the mixed-use development the Brunswick London, which will open next month. A caffé site has also been secured in Walton-on-Thames, Surrey.
By Chris Druce