Spur doubles earnings as Covid-19 restrictions ease

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Restaurant activity rebounded strongly, particularly in the last three months of 2021, but turnover and profit still remain below pre-pandemic levels

Restaurant group Spur, the owner of RocoMamas, the Hussar Grill and John Dory’s, says headline earnings more than doubled in its half year to end-December, as revenue rebounded in the wake of easing Covid-19 restrictions.

A strong increase in restaurant foot traffic helped revenue grow 40.3% to R441m to end-December, the group said, with headline earnings rising 119.4% to R59m, the latter still down almost a fifth from the same period in 2019...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Murray & Roberts flags return to profit, but Covid-19 weighs on earningsGroup expects to return to headline earnings in its half-year to end-December and says it is well positioned to operate through the uncertainty 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »

Murray & Roberts flags return to profit, but Covid-19 weighs on earningsGroup expects to return to headline earnings in its half-year to end-December and says it is well positioned to operate through the uncertainty 🔒 I'm still surprised on how i made a lot profits after seeing many people complain of being scammed, this is just amazing l'm really excited for contacting you earnwithCamrinn
Source: BDliveSA - 🏆 12. / 63 Read more »