Nando's to open 14 more UK restaurants in 2025
The popular chicken chain has said it plans to step up its restaurant opening plans after sales lifted further over the past year. Here is the full list of planned locations
Nando's is set to spice up the UK with a flurry of new restaurants after its sales soared past pre-Covid levels, fuelled by "strong customer demand". The peri-peri chicken favourite revealed it's on a hot streak, planning to open more branches as it cuts losses despite a "challenging" cost environment.
Rob Papps, the group chief executive, admitted the economic outlook is "uncertain", but they're not chickening out, committing to hefty investments for future growth. A sizzling 14 new UK sites are on the menu this financial year, including ones already serving up in Edinburgh, Newcastle, Doncaster, Taplow, Bognor, Watford, Northampton and Belfast.
In the last financial year ending February 2024, Nando's hatched 17 new outlets, with 11 in the UK and Ireland. The chain is clucking with optimism after a cracking first quarter, but warns that cost inflation remains sky-high. This comes as the group's revenues grew by a tasty 7.5% to £1.37 billion for the year to February 25.
Chick this out – Nando's has plunged a scorching £86.6 million into its high street empire, opening more shops and giving a facelift to existing branches. The spicy chicken bigwigs managed to slash their pre-tax losses down from £86.2 million to a cooler £50.1 million this year compared to last, reports Bristol Live. However, the group reported an operating profit of £59.8 million.
Mr Papps said: "The 2024 financial year saw Nando's deliver a good sales performance and a return to pre-pandemic levels of operating profit driven by robust consumer demand for our flame-grilled peri-peri chicken supported by our strong brand and customer proposition. Despite the improved sales performance, ongoing cost pressure with energy, labour and food remained very challenging."