EP Business in Hospitality recently unveiled its annual Food Service Growth Report for 2018, produced in partnership with AlixPartners. Now in its sixth year, the report aims to showcase by profit the fastest-growth independent food service companies in the UK today.
The report was launched via a presentation at The Royal Society of Arts in London, where over 130 key industry players heard insight from Graeme Smith, managing director of AlixPartners, Chris Sheppardson, CEO of EP Business In Hospitality, and Kevin Watson, managing director of Amadeus.
For this year’s much-anticipated league table, the top spot went to Graysons Hospitality (moving up 16 places from 2017), closely followed by new entrant Smart Group in second place, and then Innovate, which moved down two places from the previous year to secure third place. New entrant The Proper Food and Drink Company landed in fourth place, while fifth went to Cucina, moving down a spot from 2017.
Sheppardson said: “It’s becoming increasingly difficult for companies to plan ahead during times of uncertainty. Consumer demands continue to evolve and that puts additional pressure on food service players.
“Whether driven by diet, health or productivity, change is happening, and this brings with it more challenges. But the industry itself has many opportunities to grasp those challenges and respond appropriately.”
Making up the top 10 were, in order, bartlett mitchell, CH&CO, Eventist Group, Thomas Franks and T(n)S Catering.