Tragus to continue with expansion plans

14 January 2010
Tragus to continue with expansion plans

Casual dining restaurant chain operator Tragus is to continue to expand, as it reported a 3.6% rise in revenue for the first half of its financial year.

The company, which runs a total of 280 restaurants, saw like for like sales on its key Café Rouge, Bella Italia and Strada brands rise 3.7% for the four weeks ended 3 January 2010.

Tragus said that it had opened six new restaurants in the half year, including a new Café Rouge at Gatwick airport's South Terminal, and Heathrow Terminal 4.

It added that it remained on target to open a further nine restaurants in the second half of the year.

"We continue to see opportunities for expansion by taking advantage of our strong liquidity position and expect to open nine new restaurants in the second half of the year, including a number of prime sites in central London," a company statement said.

But it said it remained "cautious" for the overall economic outlook of the UK.

Wet weather dampens recovery in eating-out market >>

Tips legislation comes into effect as row over costs continues >>

Tragus accused of threatening staff over cash tips >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs
Looking for a new job? Find your next restaurant job here with jobs

Blogs on]( Catch up with more news and gossip on all Caterer's blogs
[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