Casual dining chain Clapham House doubles pre-tax profits

10 December 2008 by
Casual dining chain Clapham House doubles pre-tax profits

Casual dining chain Clapham House Group provided some much needed cheer for the restaurant sector today revealing that it more than doubled pre-tax profits in the six months to September 28.

The Gourmet Burger Kitchen (GBK) owner saw pre-tax profits rising by 114% from the same period in 2007 to £1.5m as turnover climbed 21% to £30.3m.

The company said trading continued to be "satisfactory", helped by measures to rationalise its restaurant opening programme in the face of the difficult economic climate.

David Page, Clapham House chairman, said: "We remain very positive about the medium-term demand trends for the UK eating out market, the quality of our formats and, in particular, the national roll out scope for GBK. We believe customers will continue to search out value and quality."

Clapham House owns 49 GBKs, 23 Tootsies family restaurants and, in London, eight Real Greek restaurants.

Clapham House reports ‘satisfactory' trading>>

Clapham House sells Bombay Bicycle Club to Tiffinbites owner>>

Clapham House's David Page joins pub company Young's>>

Clapham House arrests slide at Tootsies>>

By Daniel Thomas

E-mail your comments to Daniel Thomas here. jobs
Looking for a new job? Find your next restaurant job here with jobs

The Caterer Blog]( Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking