Ole & Steen posts stronger profits after efforts to ‘win back more customers’

Ole & Steen posts stronger profits after efforts to ‘win back more customers’

The Danish-owned bakery and coffee chain reported that underlying profits grew by 25% to £4.89 million for 2024.

Danish Bakery and Coffee House Ole & Steen Announces Solid 25% EBITDA Increase and 5% Turnover Growth Following Year of Strategic Execution - Hospitality & Catering News

Ole & Steen, the Danish bakery and coffee house, has announced another year of strong performance and positive financial growth following a focused period of strategic execution for the brand. Ole & Steen, home of the freshly baked Cinnamon Social, reported solid 25% EBITDA increase after a year marked by continued investment and operational discipline. […]

Ole and Steen turnover rises 5% to £36.7m

Danish bakery Ole and Steen has revealed that its turnover rose 5% to £36.7m for the year ended 31 December 2024, up from £34.8m in the same period the previous year. Alongside this, the company saw its EBITDA rise 25% from £3.93m up to £4.89m during the same period. The company put this down to continued investment and operation discipline. The company’s performance was bolstered by a strong finish to the year, with Q4 delivering 17% like-for-l…

Solid Results For Danish Bakery

Ole & Steen, the Danish bakery and coffee house, has announced another year of strong performance and positive financial growth following a focused period of strategic execution for the brand.Ole & Steen, home of the freshly baked Cinnamon Social, reported solid 25% EBITDA increase after a year marked by continued investment and operational discipline.EBITDA for the year rose to £4,890,689, up from £3,926,824 in 2023, highlighting the success of…