- EP Business in Hospitality's Food Service Growth Report for 2018, in partnership with AlixPartners, brings together the foodservice community to showcase the fastest-growth (*by profit) independent food service companies in the UK today
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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 and secured third place. New entrant The Proper Food and Drink Company landed fourth place.
Profit growth is measured by compound annual growth over three years, based on statutory accounts. Qualifying companies have a turnover of at least £10 million in their latest accounts and profit of at least £250,000.
Chris Sheppardson, CEO at EP Business in Hospitality 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 foodservice players. Whether driven by diet, health or productivity, change is happening and brings with it more challenges, but the industry itself has many opportunities to grasp those challenges and respond appropriately.”