Various Eateries PLC Reports Strong Profit Growth and Positive Outlook

An update from Various Eateries PLC ADR ( (GB:VARE) ) is now available.

Various Eateries PLC reported an 8.8% increase in sales to £24.7 million for the 26-week period ending 30 March 2025, driven by new site openings. Despite flat like-for-like sales due to the timing of Easter, the company saw an 81% increase in site-level EBITDA and improved profitability, reflecting operational improvements. With a robust balance sheet, the company is optimistic about future growth and plans to continue its disciplined expansion strategy.

Spark’s Take on GB:VARE Stock

According to Spark, TipRanks’ AI Analyst, GB:VARE is a Neutral.

Various Eateries PLC exhibits strengths in revenue growth and strategic expansion, supported by positive shareholder sentiment. However, significant challenges include ongoing net losses, high leverage, and technical weaknesses. The negative P/E ratio further hinders valuation. The company’s focus on strategic expansion and operational efficiency is a positive indicator, but financial and technical challenges persist.

To see Spark’s full report on GB:VARE stock, click here.

More about Various Eateries PLC ADR

Various Eateries PLC is a UK-based company that owns, develops, and operates restaurant, clubhouse, and hotel sites. It operates two core brands: Coppa Club, a multi-use concept combining restaurant, terrace, café, lounge, bar, and work spaces, and Noci, a modern pasta-led concept offering high-quality dishes at reasonable prices.

Average Trading Volume: 17,334

Technical Sentiment Signal: Sell

Current Market Cap: £23.19M

For detailed information about VARE stock, go to TipRanks’ Stock Analysis page.