Pret returns to profit driven by subscription service

Pret-a-Manger-cup-and-pile-of-coffee

Pret a Manger has reported its first profit increase since 2018 as strong demand for its subscription service helped the group bounce back.

The coffee chain saw revenues rise 20.2% year on year for the first six months of 2023 to £429.9m.

Sales in the UK rose by nearly 16% in this period while digital transactions reached 42% up from 40% in December 2022.

 

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