Home Business NewsBusinessBusiness Growth News Revolution Bars toasts seventh year of Christmas cheer

Revolution Bars toasts seventh year of Christmas cheer

by LLB Reporter
15th Jan 20 10:35 am

Christmas trading for 74 Revolution Bars banked an average of £65,000 per week, as like-for-like sales in the month leading up to New Years day were up 4% compared to the previous year.

In the six months to 28 December on a like-for-like basis sales were up by 3.4% to £81.2m.

Chief executive Rob Pitcher said the trading was “further evidence that our key initiatives are driving both operational and financial improvement.”

Pitcher added, “Considerable strides have been made in rebuilding customer loyalty and driving sales and profit from the existing estate, creating a stronger business with significant cash generation.

“Whilst external cost pressures persist, we will continue to manage cautiously, using excess cash to reduce indebtedness… before we will consider further expansion opportunities.”

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