Published:
EAT posts 3.3% like-for-like sales growth
The company, however, reported a turnover drop by 5% year-on-year to £90.2m.
EAT Limited’s like-for-like sales saw a 3.3% year-on-year growth in the period ending June 2019.
The company’s ncome from franchising grew by almost a half via strengthening existing sites in Liverpool Street station and Madrid airport, and expansions to Bristol airport and international locations in Gare Du Nord, Malaga, Barcelona and Alicante.
Moreover, the company claimed their core shops generated £1m more in gross profit.
The company, however, reported a turnover drop by 5% year-on-year to £90.2m. Meanwhile, EBITDA was at £4.5m from £3.2m in 2018.
Pret A Manger acquired EAT in May 2019, and since then, converted the latter’s sites into its Veggie Pret brand.
