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

Patty & Bun sees sales growth slide as competition heats up

04 December 2018 by
Patty & Bun sees sales growth slide as competition heats up

Burger chain Patty & Bun has said increased competition in the premium sector saw its sales growth slide in the year to 30 November 2017.

The company's sales grew by 42.9% compared with 65.5% the previous year, with turnover reaching £8.8m.

However despite the increase in turnover, pre-tax losses increased to £748,321 compared with £352,434 the previous year.

The group had opened three sites in the year, taking its portfolio to eight at the end of the period.

Despite competition hitting growth, the report, filed with Companies House, states that the group's directors remain optimistic and will continue in their strategy to grow the brand nationally.

The report states: "The UK casual dining market and in particular the premium hamburger segment in which the group operates is becoming increasingly competitive through the introduction of new entrants as well as the expansion of established players. The directors believe that the quality of Patty & Bun's offer sets it apart form the competition and will ensure that with continued focus the group will perform well and meet its growth objectives."

Patty & Bun to launch 10th restaurant with new breakfast offering>>

Patty & Bun to open first site outside of London>>

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