Coppa Collective HY gross profits jump 20.6% to £3.1m

Coppa Collective has reported a 20.6% rise in gross profits to £3.1m for the 26-week period ended 29 March 2026, driven by stronger trading and estate expansion.

The multi-format hospitality group outpaced the wider restaurant market with a like-for-like sales growth of 1.8%. Its main brand – Coppa Club – led performance with like-for-like growth of 3.2% against a market benchmark decline of 0.2%.

Coppa Collective’s revenue rose to £25m from £24.7m in the first half of 2025, while adjusted EBITDA rose to £0.3m.

The group also revealed that pre-tax losses narrowed from £2.2m to £1.7m, and cash reserves stood at £2.6m by the period end, down from £6m. This followed the £11.25m acquisition of premium pub estate The Linwood Collection.

The Linwood Collection deal added a third operating brand to Coppa Collective’s portfolio, bringing the total estate size to 24 locations. Integration of the new venues is underway, with purchasing synergies beginning to materialise.

The company continued to simplify its asset structure by converting smaller sites into its core brand. The 31 Below venue became Coppa Club Marylebone, while a full conversion of Tavolino into Coppa Club London Bridge is scheduled for completion by the end of July.

Digital infrastructure investments included the launch of a new venue website for The Swan and a group-wide customer loyalty application designed to stimulate repeat visits.

However, Coppa Collective said cost pressures across hospitality in labour, utilities, and food required tight margin controls, including menu engineering and labour scheduling.

In light of this, second-half trading expectations remain weighted toward the summer months, which represent the peak business period for the group.

Mark Loughborough, chief executive of Coppa Collective, said: “The pressures facing the wider hospitality sector are well-publicised, so for our like-for-like growth to outpace the benchmark is a meaningful achievement. We turned that growth into improved profitability, thanks to our incredible people and the hard work that has gone on behind the scenes over recent periods to build a leaner, more resilient platform.

“At the same time, we reshaped the Group for its next stage, adding The Linwood Collection and adopting a new identity as Coppa Collective. Coppa Club remains the engine of the business – its range lets every site earn its keep right through the day, and that adaptability is exactly what a demanding market rewards. We have a broader portfolio, concentrated around our strongest formats, and a compelling pipeline of expansion opportunities.”