Gordon Ramsay UK restaurant losses narrowed to £5.8m last year, from £9.4m a year earlier, while sales across the chef's British estate passed £100m for the first time.

Sales top £100m, but the UK stays in the red

The home operation stayed in the red even after a run of openings in a London tower lifted trading. The UK estate runs to 34 outlets, among them the Savoy Grill, Pétrus and several Lucky Cat restaurants.

• •UK sales rose 3% to almost £101m
• •The loss narrowed from £9.4m the previous year

Ramsay has struggled to make a profit at the empire for several years. The rebound follows the pandemic, which halted the business's operations and forced cuts of almost 300 jobs amid £12m in losses.

100th restaurant and the Bishopsgate cluster

Chief executive Andy Wenlock said trading had been helped by the February airing of the Netflix documentary Being Gordon Ramsay and by the opening of the group's 100th restaurant at Bread Street Kitchen & Bar in Bishopsgate in the City of London. That venue is one of several occupying the upper levels of the 22 Bishopsgate tower.

"22 Bishopsgate has been the star performer, with five restaurant experiences in one venue," Wenlock said.

Global sales reach a record £151.8m

Worldwide, the company operates 103 restaurants, and global sales rose 7% year on year to a record £151.8m, while underlying group profits rose 12% to £14.4m,. The figures fold in Ramsay's US business, now co-owned with the investment group Lion Capital.

• •The group reported resilient growth at established outlets
• •New openings included Gordon Ramsay Steak in Vancouver, Hell's Kitchen in Ibiza and restaurants in the Middle East and Asia
• •The group, which does not include Ramsay's TV production company, paid no dividend to shareholders

Wenlock described the group's overall performance as phenomenal, crediting openings across new and existing markets and a relentless focus on the guest experience throughout the brand portfolio,.

Wenlock sets the 2026 agenda

Wenlock said the group had begun 2026 with strong momentum and clear priorities, despite what the company called a challenging macro environment worldwide. Its aims are improving profitability, disciplined investment in the owned estate and accelerating international growth through experienced partners. The group has signed new licence deals in the US, and licensing partnerships, franchise and management agreements are expected to play an increasingly important role in growth.

Wenlock said of the year:

He added: "We remain positive about the UK market which is home for us," noting that regionally and in London the market is still full of opportunity, creativity and amazing talent,.