Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 24 2017

Britain Coffee Chain Costa Coffee Raises 6.7 Percent profit

Costa Coffee opened 2000 new premier Inn rooms and opened 21 more Costa stores

One of Britain biggest coffee shop operator Costa coffee have rose 6.7 percent profit as it added more premium Inn rooms and opened more Costa coffee oulets.

In a statement company said” Underlying pretax profit in the six months to Aug. 31 was 328 million pounds ($433 million) while revenue rose 7.4 percent to 1.67 billion pounds. At Premier Inn, UK revenue per available room (RevPAR) rose 1.8 percent to 53.46 million pounds. The business was on track to have 85,000 rooms by 2020 from 70,120 rooms at the end of the half year.”

In Britain, it opened over 2,000 new Premier Inn rooms and added 21 more Costa stores during the first half.

Costa UK revenue rose 8.3 percent to 542 million pounds driven by good response to its breakfast and lunch ranges and addition of 108 net new stores.

Comment
Related opportunities
  •    About Us:  We began our Journey in 2007 with best in..
    Locations looking for expansion Kharodi
    Establishment year 2008
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Kharodi
  • Online learning/E-learning
    About Us: FRANCHISEES ENQUIRIES WILL BE ENTERTAINED OF THOSE PEOPLE ONLY..
    Locations looking for expansion Gujarat
    Establishment year 2003
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Rajkot Gujarat
  • About Us: Founded in 2013, Juana Technologies Pvt. Ltd. grew as..
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Doner & Gyros is a casual fast food restaurant..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities