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

Franco Manca owner Fulham Shore eyes expansion after pre-tax profit boost

12 December 2018 by
Franco Manca owner Fulham Shore eyes expansion after pre-tax profit boost

Franco Manca and the Real Greek owner Fulham Shore has posted a 35% boost to pre-tax profit in its H1 numbers for the six months up to 23 September 2018.

Net debt also fell across the period, from £12m at the last year-end to £8.9m.

The firm opened two new Franco Manca sites over the period, and another has opened since the end of H1. In its financial statement, the company said it now plans to increase the expansion it has already scheduled for 2020.

Chairman David Page said: "Our two restaurant businesses performed well in the first half of the year, driven by a number of factors, including new menu initiatives, including vegan and gluten-free options, within both businesses, and investment in our digital channels."

He added: "At the same time, we have remained resolutely focused on both Franco Manca's and the Real Greek's standout characteristics: exceptional food provenance and outstanding value for money menu pricing."

Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).

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 Group 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.

close

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