D&D celebrates strong December revenue


Restaurant and bar operator, D&D London has today announced that the overall revenues for 4 weeks to 31 December rose by 11% on the prior year.

The company saw a 4% uplift of UK like-for-like revenues over the festive month.

Strong performances were accomplished from established City restaurants: Madison was up by 28%, Coq d’Argent rose by 15%, and Paternoster Chop House by 9%.

West End restaurants also saw a sales uplift: Quaglino’s by 13%, and 100 Wardour Street by 8%.

D&D reported that New Year's Eve revenues saw an uplift of 6% in like-for-likes.

The group saw a significant increase in revenues at overseas venues: Alcazar, Paris sales grew by 37%, and Guastavinos, New York by 10%.

Des Gunewardena, Chairman and CEO of D&D London, commented, 'We were very pleased with December trading and like for like growth in revenues compared with what was a very strong December last year. We continue to be successful with our more recently opened venues like German Gymnasium.

'But what is really great to see is the excellent performance of some of our longest established restaurants like Coq d’Argent, Quaglino’s and 100 Wardour Street. These venues have each been open now for two decades and continue to be at the forefront of the London restaurant scene.”