lution Bars yesterday posted an increase in revenues and profits in its first results since floating on the London Stock Exchange.
The group reported a 2.9 per cent increase in sales, to £111.8m, and profits before tax of £2.9m at the end of June, up from £2.6m in 2014.
Shareholders would be paid their first dividend of 1.7p.
The exceptional cost of its float in March, £4.1m, ate into profits, but chief executive Mark McQuater said rebranding with premium products, with more food and better cocktails, had paid off and boosted sales.
Chairman Keith Edelman said: “Our performance in 2015 has given us a solid platform to grow the group with five bars in the pipeline.”