UK's restaurant operator Comptoir's H1 results hit by higher cost of living
UK's restaurant operator Comptoir's H1 results hit by higher cost of living
Overview
UK restaurant operator's H1 revenue dipped 0.7% on LFL basis amid sector challenges
Adjusted EBITDA for H1 rose to £0.2 mln, but net loss doubled to £0.2 mln
Company opened new franchise in Rome and signed Algeria franchise deal; Middle East sites remain affected
Outlook
Company expects challenging trading conditions to persist for the remainder of 2026
Comptoir says prudent capital management will remain a key priority through 2026 and beyond
Company plans to expand QSR and franchise operations with new site openings later in 2026 and beyond
Result Drivers
MACRO PRESSURES - Co said revenue softened due to cost of living pressures and macro uncertainty affecting consumer spending
OPERATIONAL EFFICIENCIES - Co said improved adjusted EBITDA reflected continued focus on operational controls and cost discipline
FRANCHISE IMPACTS - Co said Middle East franchise sites were temporarily closed and have not fully recovered following regional unrest
Company press release: ID:nRST3871Ra
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| GBP 15.66 mln |
|
H1 Net Loss |
| GBP 185,000 |
|
H1 Gross Profit |
| GBP 12.81 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)