THE OWNER of the Franco Manca and The Real Greek restaurant chains slipped to a loss despite its revenue surging to almost £100m, it has been revealed.

The Fulham Shore has published its accounts for the year to March 26, 2023, six months after the deadline set by Companies House.

The newly filed results show the group's revenue increased from £82.7m to £99.8m in the 12 months but it went from making a pre-tax profit of £3.8m to a loss of £4.8m over the same period.

The Fulham Shore's accounts for its most recent financial year are not due to be filed with Companies House until the end of 2024.

On its current trading and outlook, the group said: "The return to overseas tourists continues to benefit our West End of London sites.

"The disparity between suburban and regional towns and city centre locations has continued with a three or four-day office working week being now the norm. This has affected our office locations commensurately.

"Franco Manca has continued to trade well but The Real Greek had a disappointing summer due to the prolonged low temperatures and heavy rainfall limiting the availability of our external terraces."

(c) 2024 City A.M., source Newspaper