Harry Ramsden financial reports both Up and Down for 2016

November 21, 2017

 

Famous fish and chip brand Harry Ramsden’s published results showed a loss of £4m, despite a 28% rise in growth for their 2016 financial year

 

Harry Ramsden's parent company Boparan Ventures (BVL) said, “BVL, which operates restaurant chain Harry Ramsden’s reports an increase in turnover and gross profit for the year to 1 January 2017 but during the year a number of new Harry Ramsden's sites were opened and a number of unprofitable sites were closed resulting in an impairment charge of £1.5 million.

BVL continues to develop the strong heritage of its brands including Harry Ramsdens and Fishworks and its strong relationship with franchise partners including Welcome Break and is said to be considering new opportunities for UK and international expansion.

 

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