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Published 2 months ago

Tortilla beats strikes and inflation as expansion drives 22 per cent revenue spike

Summary by City AM
Tortilla Mexican Grill revenues surged 22 per cent year-on-year to £32.7m as the fast-casual group continued to expand its sites across the UK. The popular Mexican chain reported a slight dip in pre-tax earnings amid headwinds from inflation and rail strike action. However this was in line with market expectations and factored in the removal of £1.1m in government support received over its full year results in 2022. Net debt sat at £1.6m for th…

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