Fryer management specialist Filta Group says the vaccine roll-outs and exiting of lockdown phases have directly boosted demand for its kitchen services.
The company, which maintains fryers and grease traps for restaurants, said it is experiencing an increase in business within all of its operating territories.
It noted that there has been a faster than anticipated reopening of the hospitality and leisure sectors in the US, with strong growth during the first part of the year and expectations for further growth as larger customers, particularly sports stadia and universities, open up during the third quarter.
The company credited its decision to focus on supermarkets and fast food chains with driving revenues while traditional hospitality venues have been closed, resulting in an increase in equipment installations and a robust sales pipeline.
This shift has also supported the uptake of its newly-launched Cyclone grease interceptor.
In the past month alone, Filta has installed several new Cyclone grease interceptors, marking the introduction of Filta’s FOG business into mainland Europe.
Although it currently represents less than 2% of group revenue, the company believes it is in the process of developing a strong platform from which it can generate growth on the continent.
It said that Europe continues to lag both the US and the UK in terms of both the vaccine delivery and the reopening of business but the company has, nonetheless, continued to develop new business opportunities and believes that as widespread vaccination is achieved, businesses will reopen and the hard work that has been put in will result in more signings of new franchisees.
Jason Sayers, CEO of Filta Group, said: “The success of the vaccine roll-outs is certainly helping to drive the reopening of our markets and to instil greater confidence in the restaurant and hospitality sector.”