All good at Gordon Ramsay Group, according to latest results

06 October 2015

The Gordon Ramsay Group of restaurants had some positive results to announce yesterday.

Total sales for the group's 31 restaurants, both in the UK and further afield, increased by 12.6% to £50.3m in the year ending 31 August 2015. In the UK, sales increased 12% to £46.8m, while EBITDA overall increased by 39.2% to £5.7m.

'We are very pleased with the growth in sales and EBITDA over the past year,' said MD Stuart Gillies. 'We are particularly encouraged by the performance of Heddon Street Kitchen, which opened in November 2014 together with our two new Maze Grills that opened in the Spring. These brands provide strong growth opportunities in both the UK and internationally.'

The group has seen growth internationally too, with Bread Street Kitchens opening in Hong Kong and Singapore, with another on the way in Dubai this month. These contributed to an increase in the group's international income of 24.4% to £2.8m.

Expect more openings, as the company secured a five-year banking facility with Barclays worth £13m. 'Barclays’ commitment to us through the new banking facilities which have been put in place, will further strengthen the Group going forward,' said Gillies.

Related articles

Beer & Cider

Marston's making 'good process' according to update

Brewer and pub operator Martson's has said it has made 'good progress' during its trading update for the year ending October 3.Like-for-like sales at


Climate change isn't all good for UK wine, according to new study

There might be cause for the UK wine industry to experience some benefits from climate change, at least in the short term, but a new study from the Un

Beer & Cider

Beer sales in recovery according to latest Beer Barometer

UK beer sales have 'rebounded strongly' in quarter three, with a 3.9% improvement on the same period last year, according to the latest figures from t


Prosecco's star continues to rise, according to latest figures

Prosecco's popularity is showing no signs of slowing down, according to latest reports from the region.