Tragus Group upbeat after resilient performance from its restaurant brands

28th October 2010, 12:55pm

The Tragus Group, which owns several restaurants brands including Café Rouge, Strada and Bella Italia, has today announced an increased yearly turnover of 5.9%, up to £277 million.

The company says the resilient operational performance "reflects the strength and breadth of our brands, popular price points and value for money offerings".

Overall like for like sales were down 1.6% for the 12 months to May 2010.

The restaurant group said that a new labour management system and best standards throughout its brands helped the business achieve growth.

It added that 20 new restaurants will be opened during the coming year.

Graham Turner, Tragus chief executive officer, commented: "This is a resilient performance from Tragus against a challenging year for the sector. The overall consumer environment remains unsettled however Tragus's strong portfolio of brands and our robust financial position means we are well placed going forward."

Related Articles:

• 18 Oct 2010 - Tragus Group teams up with Cineworld to launch film and restaurant promo
• 18 Aug 2010 - British diners are driving casual restaurant reservations boom
• 07 Jul 2010 - Tragus Group launches Bella Italia in London
• 23 Jun 2009 - Pub and restaurant sales remain resilient
• 25 Feb 2009 - Restaurant chains need to work harder

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