Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Pret A Manger Full-Year Revenue Rises on New Outlets, Porridge

Pret A Manger, a closely held U.K. sandwich retailer, said sales last year rose 17 percent as it opened new shops and sold more breakfast items such as hot porridge.

Sales for the year ended December 2010 rose to 327.5 million pounds ($523.8 million) from 279.2 million pounds a year earlier, the company said in an e-mailed statement. Earnings before interest, tax, depreciation and amortization rose 37 percent to 46.1 million pounds. Sales at outlets open at least a year grew 9.8 percent, compared with 2.6 percent growth the year before.

Last year, Pret opened 33 new shops, of which seven were in the U.S. and two in Hong Kong, the retailer said. Pret is selling more than 50,000 bowls of porridge a week after introducing the item in the spring last year.

“We are still seeing good momentum globally in our business in the early part of the new financial year and we intend to create over 700 new jobs in over 30 new shops around the world this year,” Chief Executive Officer Clive Schlee said in the statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.