Johnson, whose Eclectic Bars is also the new owner of Brighton Pier, made the comments as he revealed revenue at Patisserie Holdings rose 14.4% to £50 million in the six months to March 31. Pre-tax profit was 20.6% higher at £8.4 million.
Johnson warned there were signs of a consumer spending slowdown but was “relatively optimistic” given low interest rates, rising employment and low oil prices.
Canaccord Genuity was also positive, saying Patisserie was well placed to step up store openings or make bolt-on acquisitions.
