Loungers posts strong results

Loungers has revealed strong results as Covid restrictions were lifted.

The group posted £102m in revenues for the six months to October 3 and pre-tax profits of £12.8m.

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Nick Collins, chief executive of Loungers commented on the growth and prospect of vaccine passports, saying: “I don’t think certification would be likely to applicable for us but I have to stress that it is completely unworkable for everyone in the sector.”

“Not only that, it’s a massive violation of civil liberties. It shouldn’t be something we are talking about.”

The bar and restaurant group has 184 sites and plans on opening an extra 13 by April 2022.

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