Propel Turnover & Profits Blue Book shows sector companies increase collective turnover to £32.3bn:
The next edition of the Propel Turnover & Profits Blue Book
shows sector companies have increased their collective turnover to £32.3bn – up from £31.3bn in September. Premium subscribers will receive the latest edition of the Blue Book, which is produced in association with Mapal Group, on Friday (14 October), at midday. The Blue Book shows more sector companies are making a profit than a loss for the first time since the pandemic. While total losses of £5.4bn are being reported by 314 companies, a further 324 sector companies are reporting total profits of £1.7bn. An additional 18 companies have been added to the Blue Book, taking the total to 638. The Blue Book, which is updated every month, provides an insight into UK operator turnover and profitability over five years, profit conversion and directors’ earnings. Premium subscribers also receive access to three other databases: the Propel Multi-Site Database
, produced in association with Virgate, the New Openings Database
, and the UK Food and Beverage Franchisor Database
. Companies can now have an unlimited number of people receive access to Propel Premium for a year for £895 plus VAT – whether they are an operator or a supplier. The single subscription rate is £445 plus VAT for operators and £545 plus VAT for suppliers. Email email@example.com to upgrade your subscription
. Subscribers also receive access to Propel’s library of lockdown videos and Friday Wrap interviews and now also have access to a curated video library of the sector’s finest leaders and entrepreneurs, offering their insights on running outstanding businesses in the sector. Premium subscribers also receive their morning newsletter 11 hours early, at 7pm the evening before our 6am send-out; regular video content and regular exclusive columns from Propel group editor Mark Wingett.