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Fri 28th Jul 2017 - Arc Inspirations reports Ebitda up 88%, sales up 18%, appoints new managing director
Arc Inspirations reports Ebitda up 88%, sales up 18%, appoints new managing director: Arc Inspirations has reported record financial results as Ebitda increased 88% to £2.6m and total sales rose 18% to £22.5m. The company has also appointed a new managing director – Anni Opong – as part of its expansion plans. Opong joined the business in 2003 as food and service quality manager and progressed to operations director. She will work alongside chief executive Martin Wolstencroft in orchestrating the next phase of growth for the 15-strong operator as well as directing an operations team of 11 managers responsible for sales, profit, quality, service, food and beverage development, and marketing. She said: “Having been close to the brand for 14 years, its continued growth is a testament to the hard work and commitment of the dedicated team – something I am looking forward to continuing and developing as part of my role.” Wolstencroft added: “I’m delighted to have Anni as managing director – it’s a great promotion and natural progression for her and a testament to her passion and commitment to the hospitality industry. Now, with a strong leadership team, combined with our phenomenal financial results, we can cement our position as one of the leading bar and restaurant operators in the north of England and kick-start our plans to open ten sites in the next three years.” Arc Inspirations recently launched its flagship Banyan Bar & Kitchen in Leeds City Square and a second Manahatta site in the city, which recorded the most-successful opening week for the company. It has also just launched Leeds’ first delivery cocktail service with Deliveroo.


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