The group behind the Prezzo Italian and Jamie’s Italian brands , said trading momentum strengthened further in its second quarter, with revenue growth reaching 12.3%.
Brava said it had made significant investments in its restaurants, teams, and guest proposition, resulting in continued momentum at Prezzo Italian alongside a positive start for the recently relaunched Jamie’s Italian brand, where it said early performance had exceeded expectations.
Profit also rose significantly during the period with EBITDA increasing 155% year-on-year.
Brava said it had achieved these results despite 14 of the restaurants being temporarily closed for refurbishment, which resulted in the loss of 24 weeks of trading. The business has invested in 30 Prezzo restaurants since launching its refurbishment programme, which it said had driven stronger commercial performance.
The group remains on track to complete 40 refurbishments by the end of 2026, including recently completed projects in New Brighton and Peterborough.
“Our business is delivering a second consecutive year of market-leading growth, demonstrating that our strategy of investing in our restaurants, our teams and our food quality is paying off. We are seeing strong growth in covers, increased guest frequency and growing profitability across our portfolio,” says James Brown, CEO of Brava Hospitality.
“We are seeing clear evidence that our investment programme is delivering results, improving both the guest experience and commercial performance across our restaurants.
“We are particularly encouraged by the support we are receiving from landlords, who can see the positive impact our investments are having on performance.”
Brava will open two new Prezzo Italian restaurants, one in Solihull and one on the Strand, in the coming weeks and months.
