Hawksmoor Sizzles with Record Turnover and Profits in 2023

Posted by Emily on 3rd Feb 2024

Hawksmoor has announced a landmark year in 2023, achieving record turnover and profit levels. The company's turnover surged by over 20% to reach £90 million, signalling a year of robust growth and operational success. This achievement was highlighted by opening a new restaurant in Dublin in May, which consistently saw weekly sales surpass €230,000, alongside established restaurants maintaining EBITDA margins above 20%.

The steakhouse group, recognised for its commitment to excellence and sustainability as a B Corp, has achieved financial success and earned significant accolades. It was ranked second in the global list of the World's Best Steak Restaurants, making it the highest-ranked steakhouse in Europe and the US. Additionally, Hawksmoor has maintained its reputation as a top employer, securing a spot among the UK's top 100 employers for the 12th consecutive year.

Will Beckett, co-founder and CEO of Hawksmoor, expressed his pride in the company's achievements, emphasising the team's dedication to integrity and financial success. He highlighted the significance of being a B Corp and achieving growth and profits as a source of pride for the entire team.

Looking ahead, Hawksmoor is set to open its most ambitious restaurant yet, a 16,500-square-foot venue in Chicago. This marks the company's second venture in the US, following its New York restaurant, and underscores its strategic international ambitions.

Dame Karen Jones, the chair of Hawksmoor, praised the company's exceptional results as a testament to its unwavering focus on customer satisfaction, the strength of its management team, and its appeal as an employer of choice. She remarked, "Hawksmoor is not just a business, but a collection of special restaurants that stand apart in the industry."

We're eager to hear your perspective on Hawksmoor's remarkable journey and plans. Please share your thoughts and comments below.

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