Bow Street targets up to six acquisitions as loss narrows
The group attributed its success to its brand refreshment and technology investments.
Bow Street Group, operator of restaurant brands dim t and Wildwood, said it is targeting to acquire four to six brands in the next four years.
“We continue to assess the market for attractive acquisition opportunities, and we remain in active discussions with several scalable restaurant businesses,” David Page, Executive Chairman of Bow Street Group, said in a bourse filing.
The announcement comes following the release of the group's financial statements for the 26 weeks ended 28 June 2026. The group reported a loss and total comprehensive income for the period of £171,000, a massive decrease from a loss of £7.49m from the same period last year.
Group revenue for the first eight weeks of the second half of the financial year has continued to increase on a like-for-like basis of over 8.5%.
The group’s Adjusted EBITDA for the period was £500,000, down as a result of the decreased revenue and site closures, whilst the group incurred an operating loss before highlighted items of £700,000.
