Strong sales in concession business boosted TRG’s H1 revenues | QSR Media
, UK
/wagamama

Strong sales in concession business boosted TRG’s H1 revenues

Revenues for the first half of the year reached £467.4m

The Restaurant Group reported £467.4m in revenue during the first half of the year, a 10.4% increase from £423.4m in 2022.

The group’s Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 15% to £36.3m due to a strong sales performance in our Wagamama, pubs and concessions businesses and tight cost management.

Profits before tax increased from £7.2m from a loss of £100k last year.

Follow the link for more news on

Join QSR Media community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Singapore’s cost pressures force QSR brands to slow expansion
Beyond rent, operators flagged structural challenges that complicate execution.
Safe bets are losing bets for the future of QSR brands
Simple categories like sauces are being reimagined as strategic growth levers.
Regional scale trumps immediate yield in Asia’s QSR sector
Chinese QSR brands have opened around 6,000 outlets across Southeast Asia.