Cooks Coffee Company Limited (AQUIS:COOK), the international coffee focused café chain, has announced its results for the six months ended 30 September 2025.
Period Highlights
| · | Group revenues increased by 111% to NZ$5.77m (2025: NZ$2.74m) |
| · | Significant increase in growth was derived from Company managed stores in Ireland following the partnership with Dairygold. · excluding the Dairygold partnership the like-for-like revenue was $3.27m with a 19.3% growth. · new flagship location in Mallow, Cork opened in June 2025 and is now the second highest sales store in the Group and was selected in the final grouping for stores in the prestigious national annual Retail Excellence Ireland Awards. |
| · | Group EBITDA for the period was NZ$0.61m, compared with NZ$0.81m last year. The previous year contained a credit adjustment of $166k if normalised the EBITDA is down 5% from the prior year. |
| · | Company Net Profit before tax from Continuing business was NZ$0.068m compared to a Net Profit of NZ$0.53m last year. |
| · | Total store sales in the UK increased by 26.7% to NZ$33.2m as the development in suburban areas and smaller market towns gained further momentum. Like for like sales in the UK were up +3.5%. |
| · | Total sales in Ireland increased +27.4% to NZ$12.3m. Like for like sales in Ireland were up +6.4%. |
| · | Overall store sales for UK & Ireland increased +26.9% to NZ$45.5m. |
| · | Operating stores at the end of September were 96 in UK & Ireland, up from 85 at the end of March 2025. · The first of the stores in partnership with Tesco in Ireland opened in Tullamore a town of almost 16,000 population in County Offaly in Leinster Province. · This opening brings total stores open between UK & Ireland to 100 at the date of preparing this report. |
| · | During the period NZ$1.769m of debt reduction has occurred, with interest costs reducing by NZ$66k compared to FY25. |
Post Period Trading
Group store sales for the eight-week period to 24th November have maintained the positive momentum seen over the past six months with total store sales in the UK up 18.6% and in Ireland store sales up 29.8% compared to the previous year with total sales for the core business up 21.8% for the eight week period.
The Company remains dedicated to building the business based on ethical principles and community values.
Aiden Keegan, CEO of Cooks Coffee Company, commented: “The Board is pleased to report a strong period of growth. This is testament to the hard work of all our franchisees, Regional Developers in the UK and strong offering that we provide. The Group continues to open new stores in desirable locations in market towns and suburbs plus new housing developments. We are also delighted with the new partnership arrangements with Dairygold and TESCO and the Group expects to deliver a robust set of numbers for the full year.”
