Thai restaurant group, Busaba Eathai has posted a turnover rise of 5% to £24.9m in the year to 31 May 2014.
Company EBITDA fell by £136k to £1.85m, and restaurant EBITDA rose by 2% to £3.92m. However, the group showed a loss of £2,775,835 compared to a profit of £321,926 in the previous year.
In the period, Busaba has opened new London restaurants in Shoreditch and at the 02 Centre, and one under franchise.
A new site in Manchester has been secured and three additional sites in other major UK cities are at an advanced stage of negotiation.
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