Jamie Oliver group reports turnover and profit boost

Jamie Oliver’s restaurant and food businesses have reported a boost in turnover and profit.

The group’s revenue increased by 8.1% to £29.7m for the year ending 31 December 2022, up from £27.4m for the same period ending in 2021.

In addition, the company reported a gross profit increase of 7.6%, from £23.9m for the year ending 31 December 2021, to £25.7m for the year ending 31 December 2022.

The reports come as the group grew its international restaurant franchise business by 13 new restaurants, taking it to 70 restaurants in 22 countries, serving 35 million people across seven restaurant formats, including Jamie’s Italian, Jamie’s Deli and Jamie Oliver Kitchen.

In addition, the Jamie Oliver Cookery School increased its revenue by 35%.

Chief executive Kevin Styles said: “The Jamie Oliver brand continues to resonate with audiences around the world.

"The results for 2022 show we have the foundations in place from which to continue to evolve our business, putting our customers first, serving their mealtime needs across a range of relevant media and product solutions as well as restaurant and cooking experiences.”

Last week, Oliver confirmed his upcoming restaurant in London’s Covent Garden will be called Jamie Oliver Catherine Street, with an opening scheduled for November.