Revolution Bars Group reports sales increase despite terror attacks

Revolution barTHE Greater Manchester based Revolution Bars Group has reported a 9.2% increase in sales to £130.4m despite the impact of terrorist attacks in Manchester and London.

Like-for-like sales at the Ashton-under-Lyne operator of the Revolution and Revolución de Cuba brands rose by 1.5%, down from the 1.7% reported after 44 weeks, in the period to July 1.

“The terrorist attacks in Manchester on May 22 and in London on June 3 impacted business during the days that followed, particularly in the North West where the group has a significant number of venues – five in central Manchester and five in Liverpool,” a statement said.

As planned, the group opened six new bars in the period – Revolución de Cuba bars at Harrogate, Reading, Aberdeen and Glasgow, all of which were opened in the first half, followed by new Revolution bars in Southend (late April) and Torquay (late May).

The group currently trades from 68 sites, 54 under the Revolution format and 14 under the Revolución de Cuba format.

“The business continues to deliver high returns on invested capital and the group plans to open six new bars in the new financial year, including Belfast that has just opened, split equally between the two brands,” the statement added. @copy NewspaperTimes - All rights reserved