Business

Trading Update

Bow Street Group plc reported a trading update for the financial year ended 28 December 2025, indicating a stabilization of trading with like-for-like revenue growth of over 1.3% in the four weeks leading up to Christmas, and expects FY25 results to be in line with market expectations. The company successfully raised £10.1 million in September 2025, underwent a renaming and recapitalization, and has initiated a comprehensive review of its restaurant estate, including assigning the Gerrards Cross lease for a substantial premium, resulting in a significant cash benefit. Looking ahead to 2026, Bow Street Group is undertaking refurbishments, trialing new menus, and is in positive discussions regarding potential acquisitions. Disclaimer*

articleBow Street Group Plc.January 12, 20263/company/bow-street-group-plc/news/trading-update-800
Trading Update

About this update from Bow Street Group Plc.

[{"type":"text","content":"\n\n12 January 2026\nBow Street Group plc\n(\"Bow Street Group\", the \"Group\" or the \"Company\")\n \nTrading Update\n \nBow Street Group (AIM: BOW), the owner and operator of \"Wildwood\" and \"dim t\" restaurants, announces the following trading update for the financial year ended 28 December 2025 (\"FY25\").\n \nThe Company has experienced a year of relative calm after several years of post-Covid disruption and turmoil. Trading stabilised during the final quarter of FY25 and the Group's restaurants had a successful four weeks in the run up to Christmas, with some restaurants experiencing record trading. Group revenue for the four weeks ended 28 December 2025 rose by over 1.3% on a like-for-like basis, and this was an encouraging end to the year. The Company expects to report FY25 results in line with current market expectations.\n \nIn September 2025 £10.1m of new funds (before expenses) were raised and David Page was appointed as Executive Chairman and Nick Wong was appointed as CFO. The Company was also renamed \"Bow Street Group plc\", which completed the trio of a new name, a recapitalised balance sheet and a revitalised team. A comprehensive review of the Group's estate immediately commenced following the fundraising and over 280 work streams have been set up to improve performance in all areas of the business. The Company expects to realise the benefits of this review in the coming year.\n \nThe current estate has a mixture of long leases and short/very short leases and each restaurant will be judged on its merits and performance. Further to the review outlined above, an agreement has been reached in connection with the lease at Gerrards Cross, which has been assigned to the landlord for a substantial premium. This restaurant was marginally profitable at the EBITDA level (before rent amortisation) and would have required an outlay in excess of £150,000 to refurbish. The net result for the Group is a major positive in cash terms.\n \nThe Company is also introducing new targeted incentive schemes for the Group's employees and a share option scheme over approximately 200 million ordinary shares for 105 team members (including the executive directors) was instituted in December 2025.\n \nLooking forward to 2026, refurbishments of an initial six restaurants are underway; a new menu design...

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