Revenue fell 4% to £90.5m in the year to 4 January 2026 at the Richard Caring-chaired group, down from £94.1m the previous year, as weak consumer sentiment continued to weigh on spending. The company also pointed to the impact of US trade policies and UK fiscal measures, which it said had contributed to subdued economic growth.
The premium restaurant operator, which includes Scott’s, Sexy Fish and J Sheekey, faced a number of cost headwinds during the year, including increases in employer National Insurance contributions and the National Minimum Wage. Despite the challenging backdrop, Caprice said it remained focused on delivering value for customers while improving operational efficiency.
Labour margins improved after the group managed staffing levels, helping adjusted EBITDA rise to £15m, from £10.3m the previous year.
The business returned to profit, reporting pre-tax earnings of £8.2m, compared with a £26.1m loss in 2025, following impairment charges in the prior period.
Caprice also invested in future growth, with a proposed new site set to open in 2026. The development was funded through the group’s existing credit facilities.
The new package, secured in April 2026 and which runs until April 2029, totals £325m, comprising a £275m term loan and a £50m revolving credit facility.
Following the year-end, the company reached an agreement for the sale of a controlling stake to DIAFA, an Abu Dhabi-based luxury and hospitality investment group.
Looking ahead, Caprice said it plans to grow market share, develop new concepts and maintain high customer service standards over the next 12 months.