15 February
2024
TORTILLA ANNOUNCES DUAL
DELIVERY STRATEGY
IN PARTNERSHIP WITH UBER
EATS AND JUST EAT
Tortilla Mexican Grill PLC ("Tortilla"), the
UK's largest fast-casual Mexican restaurant brand, has confirmed
Uber Eats and Just Eat as its delivery partners, following a review
of the brand's delivery strategy, which was announced on 20
December 2023.
Delivery is an important sales channel for
Tortilla as the food offering is well-suited to being consumed
off-premises.
The Group delivered more than 1.5 million mains
across Uber Eats, Just Eat and Deliveroo in 2023, whilst
maintaining an average of 4.6-star customer app rating. The Chicken
Pibil Burrito won first-place for most ordered dish in
2023.
Whilst the Group's multi-partner approach to
delivery has supported strong growth in sales volumes and
awareness, delivery commission charges have challenged margin
performance. To mitigate this, the Group sought for a new
delivery structure and to strengthen the relationship between fewer
partners.
Furthermore, Uber Eats UK had the highest order
growth in the industry in 2023, with Gross Bookings up nearly 20%
year-over-year.
The refined strategy will see Tortilla
collaborating on some exciting marketing efforts; including the
launch of exclusive products and offers, and heavy investment into
brand awareness to attract new customers through a growing UK
customer base.
The recent review is part of a series of wider
ongoing management initiatives as the Group remains focussed on its
strategic objective to drive EBITDA margin and
profitability.
Andy Naylor,
UK Managing Director at Tortilla says: "We're
delighted to extend our relationships with Uber Eats and Just Eat.
We are confident that these strategic partnerships will play a key
role in supporting sustainable, profitable growth across the
important delivery channel, underpinning our growing presence as
the UK's leading fast-casual Mexican brand."
Matthew Price,
General Manager UK, Ireland and Northern Europe at Uber Eats
comments:
"We're thrilled to be building on what has been
an incredibly successful partnership to date with Tortilla. The
Tortilla menu is loved by our customers; ticking the boxes of
flavour and freshness, speed and affordability, and we are really
excited for the next steps in our partnership."
ENDS
ENQUIRIES
Tortilla
Mexican Grill PLC
|
Via Houston
|
Emma Woods, Non-Executive Chair
|
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Richard Morris, CEO
|
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Andy Naylor, CFO
|
|
|
|
Liberum
Capital Limited (Nominated Adviser, Sole Broker)
|
Tel: 020 3100 2222
|
Andrew Godber
|
|
Edward Thomas
|
|
Nikhil Varghese
|
|
|
|
Houston
(Public Relations)
|
Tel: 0204 529 0549
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Tortilla@houston.co.uk
|
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Kate Hoare
|
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Kelsey Traynor
|
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Ben Robinson
|
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Mackenzie Parry-Bull
|
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About Tortilla Mexican Grill plc
Founded in October 2007 by Brandon and Jen
Stephens, Tortilla is the UK's largest fast-casual Mexican
restaurant brand with a fully customisable and authentic
California-style Mexican menu.
Tortilla operates 89 restaurants globally,
including through franchise partnerships in the UK with SSP Group
plc and Compass UK & Ireland, and in the Middle East with
Eathos.
The brand serves more than 6 million customers
every year.
Food provenance and quality is a critical
component of our proposition. All fillings for Tortilla's burritos,
salads and tacos are prepared fresh daily, free from artificial
flavours or preservatives. Every dish is fully customisable with
thousands of flavour combinations available to try.
Tortilla is headquartered in London and employs
more than 1300 people.
More details at tortillagroup.co.uk
About Uber Eats
Uber Eats is an on-demand app and
website that helps bring millions of people around the world the
things they want, at the tap of a button. We partner with over
700,000 restaurants and merchants in more than 6,000 cities across
six continents. From speciality local favourites to national brand
names, groceries to household essentials and more, Uber Eats has
what you want when you want it-with an average global delivery time
of 30 minutes.