Profits fall at Restaurant Group

Individual Restaurants has posted a 3.9 per cent drop in revenue to £51.3m in the year ending last December. Similarly restaurant earnings before interest, tax, depreciation and amortisation fell by £1.1m to £7.7m. Net debt however, was reduced by £0.7m to £4.3m at the company, which runs 33 casual dining restaurants under the Piccolino and Restaurant Bar & Grill brands.