Published:
Pho reports 17.7% turnover growth to £30.5 million for FY18
The Vietnamese chain aims to continue their expansion plan across the UK.
Pho has announced their financial results for FY18 with turnover growth of 17.7% to £30.5 million, gross profit increase of 78.6% to £24 million.
During the period, they also reported a £998,478 loss. Group EBITDA also fell by 14.1% from £2.5 million last year to £2.1 million. The decrease was attributed to additions to facilitate the expansion plan.
The company said that have a number of sites identified inside and outside of London.
(Photo credit: Pho Facebook)
