Patisserie Holdings’ preliminary results for the 12 months to end of September, show revenue up 9.7% to £114.2m and online sales up 26% to £4.8m (2016: £3.8m)
The UK branded café and casual dining group also revealed a gross profit of £89.3m up by 9.8% and a gross margin of 78.2% (2016: 78.1%)
The company reported strong growth in pre-tax profit to £20.2m up 17.1%, with diluted earnings per share of 16.20p up 19.1% (from 13.60p per share in 2016).
The group proposed a final dividend of 2.40p per share, up 20% (2016: 2p per share).
The company opened 20 stores in the year including stores in 12 new geographical locations. Expansion outside of England continues with two stores opened in Republic of Ireland, a second store opened in Northern Ireland and two new stores in Scotland