Nando’s stated it has been inspired by buyer demand
Nando’s has stated it’s accelerating UK restaurant openings because the rooster chain reported stronger gross sales and earnings for the previous yr. The peri-peri rooster enterprise nonetheless additionally flagged that elevated value pressures, after tax and wage will increase in April, will have an effect on its efficiency for the present monetary yr.
The South African-owned enterprise revealed in its newest set of accounts it’s in search of to open 14 new eating places throughout the UK over the present yr to February. The growth programme, which incorporates quite a few websites which have already launched, comes after the enterprise opened 12 UK websites a yr earlier.
Nando’s stated the brand new eating places embody websites in Bedford, Derby, Peterborough, Bishop Auckland, Maidenhead, Sheffield, Edinburgh Gyle, Paddington and Liverpool Edge Lane. The group stated it’s in search of to extend the variety of company-owned eating places and likewise broaden its wider worldwide footprint.
In freshly filed accounts, Nando’s stated it noticed gross sales develop over the half-year to August and it has been “inspired by buyer demand”. The corporate stated it has been in search of to handle elevated value pressures on the group by way of productiveness enhancements and measures similar to rolling out vitality environment friendly grills within the UK and Eire to scale back vitality prices.
It added: “Whereas these actions have been efficient in mitigating a few of the affect, we anticipate that value pressures will proceed to have an effect on our general efficiency within the present monetary yr.”
Nando’s reported revenues lifted by 8% to £1.48 billion for the earlier monetary yr, to February 23 2025, as “robust buyer demand” helped drive a rise in gross sales volumes. In the meantime, its working earnings greater than doubled to £146.6 million for the yr from £59.8 million, boosted by stronger gross sales and a one-off receipt.
Rob Papps, group chief government of Nando’s, stated: “The 2025 monetary yr noticed Nando’s proceed to ship a robust gross sales efficiency pushed by sturdy shopper demand for our flame-grilled peri-peri rooster supported by our robust model and buyer proposition.
“The macro-economic outlook for the monetary yr ending February 2026 stays unsure, nonetheless we see important progress potential in all our markets and are persevering with to take a position for the longer term, with additional menu innovation, enhancements to our digital capabilities and new restaurant openings deliberate in all our markets, together with 14 within the UK.”
