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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Pret a Manger reports first profit since 2018 as subscriptions perk up sales

Coffee cup and sandwich in a Pret a Manger store
Pret a Manger said sales soared 71% to £790m in the year to the end of December 2022. Photograph: Nicholas T Ansell/PA

Pret a Manger returned to profit for the first time since 2018 last year as the launch of a subscription service helped the coffee and bakery chain bounce back after the Covid crisis.

The group, which suffered during the pandemic lockdowns when office workers stayed at home, said the revival had continued into this year with sales jumping 20% to £430m in the six months to the end of June. It relaunched its subscription service – which kicked off in September 2020 – as Club Pret, upping the cost by a fifth to £30 a month but adding a 10% discount on food and snacks alongside up to five hot drinks a day.

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