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Nando's Group Holdings revenues worldwide 2010-2018

Annual revenue of Nando's Group Holdings worldwide from fiscal years 2010 to 2018* (in million GBP)

by Jennifer Luty, last edited Aug 9, 2019
Nando's Group Holdings revenues worldwide 2010-2018 Nando’s revenues hit a high of 969.3 million British pounds in the financial year ending February 25, 2018, following an increase of over 100 million pounds a year since 2015. The group claimed organic growth in key markets, and increased sales associated with new restaurants and acquisitions as the main drivers. The expansion impacted Nando’s profits with a reported loss of 20 million pounds.
Brits’ taste for Peri Peri – is the UK Nando’s biggest market?

Nando’s Group Holdings operates and franchises chain restaurants under the Nando’s brand across all global markets except South Africa. As Nando’s expands, the United Kingdom remains one of the brand’s most important markets, where it is a leader in the casual dining industry. In total the Group operated 937 Nando’s restaurants worldwide at the end of 2018, with the number of restaurants in the UK reaching over 400 in 2019.

Is Nando’s Portuguese?

Nando’s was founded in Johannesburg, South Africa in 1987 by Portuguese entrepreneur Fernando Duarte and friend Robbie Brozin. The two bought ‘Chickenland’, the restaurant where they first tasted the Portuguese-style chicken marinated in a Peri Peri sauce that would form the concept of Nando’s, before expanding across the globe. Peri Peri was first introduced to Portuguese settlers by Africans in Mozambique (the Portuguese-colony where Duarte was also born). So, while Nando’s is South African in origin, the cuisine is considered Portuguese. Nando’s now operates franchises in South Africa. Nando’s Group Holdings is headquartered in London.
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Annual revenue of Nando's Group Holdings worldwide from fiscal years 2010 to 2018* (in million GBP)

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