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Friday, 9 May 2014

Demand for healthy foods drives sales at Pret a Manger

Popular sandwich chain Pret A Manger has reported a 15% jump in sales to £510m, boosted by expansion and demand for healthy foods such as porridge, bananas and vegetable juices. Underlying profit was up 9% to £67m for the year to January 2014.

Chief Executive Clive Schlee said: “Sales are still pretty much at the same pace as last year and profits were affected by the expansion into new markets. Growth is still very strong.”

Schlee added: “The drive for healthier food has been a real growth area — we now sell more cold-pressed vegetable juices than super club sandwiches. People wanting the choice to sit down has also helped sales and we are closing our smaller takeaway outlets and opening larger shops with seating.”

After opening 40 outlets last year, the company now operates 352 stores and plans to continue its UK and global expansion with more shops in New York, Washington, Chicago, Boston, Paris and Hong Kong. Schlee said the group is also looking at Shanghai.
NamNews - Friday 9th May 2014

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