
Le Pain Quotidien sales grow 3.5% to £39.5m
It also announced its overall profits to rise from £727,000 to £1.2m.
Gross profit margin slipped from 19.6% to 16.1%, which the business blamed on “significant” increases in overall property costs.
Despite the growth, Le Pain Quotidien held back from any large-scale store expansion last year. It opened just two new branches in 2018, taking its overall tally to 30 sites.