Cost pressures hit EBITDA at Glendola Leisure

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Cost pressures: Glendola Leisure says it is mitigating the impact of interest rates and inflation (Getty Images)

Glendola Leisure has said it is continuously trying to manage and mitigate the impact of cost pressures including high interest rates and inflation.

The family-owned hospitality operator, whose estate encompasses 17 pubs, bars, restaurants and hotels, including Waxy O’Connor’s, reported turnover of £38.5m in its latest financial results for the year ended 29 March 2025.

It marks a 2.1% uptick on the £37.6m reported in its 2024 financial year.

Operating profit rose from £4.6m to £6.5m over the period, however, adjusted EBITDA fell 15.7% from £6.2m to £5.2m.

Despite this, profit before tax increased 52% over the year to £5.7m (2024: £3.8m) as a result of reversal impairments of £2.4m.

  • This story originally appeared in The Morning Advertiser’s sister publication MCA. Read the full story here.