Coppa Collective said its profit doubled to a record in the past year, as the hospitality group improved its margins and expanded its estate.
The company, whose brands include Coppa Club, said adjusted EBITDA was expected to double to £2.8m in the 52 weeks to 27 September, with its margin widening to 5.0% from 2.6%, driven by better efficiencies and cost management.
UK hospitality growth is meagre, especially for groups operating at scale, making improved operations key.
Revenue rose 8% to £56.4m, helped by a larger estate, and returned to like-for-like sales growth in the final quarter, though like-for-like sales were broadly flat over the year.
The Coppa Club is the group’s differentiator and its unique offering is likely behind its ability to achieve a level of growth.
During the year it acquired The Linwood Collection, a group of four premium pubs with rooms, for £11.25m and converted two London sites to its Coppa Club format. It is in talks over another major Coppa Club site in the capital.
The acquisition and continued investment left the company with net debt of £10.3m, after holding net cash a year earlier, with its cash balance down to £2.8m. Coppa Collective said it was carrying its fourth-quarter momentum into the new year.
Mark Loughborough, Chief Executive Officer of Coppa Collective, said: “FY26 has been a positive year for Coppa Collective. We expect to report a doubling of adjusted EBITDA, higher revenue, and, importantly, significant earnings growth from our existing business. This represents a strong result and demonstrates the progress we’re making in building a more efficient and profitable business.
“We’ve worked hard over the past year to improve the performance of our venues, strengthen operational discipline and create a business that’s better positioned for growth. I’m particularly pleased that these improvements are translating into stronger earnings, and I would like to thank our teams for their contribution.“