Tortilla Mexican Grill FY25 revenue rises on French store conversions

Tortilla Mexican Grill

28/01/2026 07:12

Overview

UK fast-casual Mexican restaurant's FY25 revenue grew 8.5% yr/yr

Company's UK LFL sales outperformed market with 6.2% growth

Company reports encouraging sales uplift from French store conversions

Outlook

Company expects cost headwinds from FY25 to persist into FY26

Tortilla plans to review pricing due to sector-wide cost pressures

Company sees encouraging results from converted French stores, supporting growth potential

Result Drivers

UK MARKET OUTPERFORMANCE - Tortilla's UK like-for-like sales grew 6.2%, significantly outperforming the CGA benchmark which declined 1.3%

FRANCHISE SUCCESS - Franchise locations achieved weekly sales records and contributed to revenue growth, with notable performance in the UAE and France

FRENCH STORE CONVERSIONS - Conversion of French stores to Tortilla brand led to a 39% increase in transactions and a 30% increase in sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 73.80 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy."

Wall Street's median 12-month price target for Tortilla Mexican Grill PLC is GBp62.50, about 20.2% above its January 27 closing price of GBp52.00

The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nRSb6308Qa

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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.)