Wagamama sees 13.1% sales rise across UK sites


Pan-Asian inspired noodle restaurant group, Wagamama has posted its results for the 52-week period to 24 April 2016, which shows pre-tax profit increased to 16.6m, up from a loss of £126k in 2015.

The company reported that turnover for the period rose to £229.9m compare with £193.3m on like-for-likes.

Sales in the UK increased by 13.1%, and revenue was up 19% to £222m. The group opened ten new restaurants.

CEO David Campbell said, 'Having established a strong UK brand, which has now outperformed the UK restaurant market for 112 consecutive weeks, we are excited to be moving further down a path to create an iconic international restaurant brand.'