Despite a 16% profit drop, Nando's Ireland plans expansion with increased revenues.

Nando's Ireland plans to expand despite a 16% drop in pre-tax profits to €4.7 million due to inflation and cost pressures. Revenues increased by 11% to €34.2 million. The company attributes profit decline to high commodity prices, geopolitical tensions, and global economic impacts. Nando's aims to grow restaurant numbers and market share by focusing on existing locations and like-for-like growth.

3 months ago
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