Carluccio’s Proves Resilient As Profits Boom

Telegraph.co.uk:

Carluccio’s showed its resilience to the slowdown that some of its rival restaurant owners have been experiencing as consumer confidence falters, revealing a 66pc jump in profits.

The Italian cafe-style restaurant and deli chain reported its sixth consecutive year of double-digit growth, as pre-tax profit rose to £5.3m in the year to September 23, ahead of analysts’ expectations.

Turnover rose 18pc to £54m, boosted by 6 new restaurant openings, one more than its annual target of 5, including its first in Manchester at the Trafford Centre. Read more.