Tortilla’s lockdown lift

DELIVERIES during lockdowns have driven a sales boom at burrito chain Tortilla, the firm said.

Shares in the burrito business lifted 3.8pc, or 7p, to 190.5p yesterday after the company confirmed that both revenues and earnings are set to have beaten guidance for the past year in its maiden update since floating on the stock market in October.

Revenues rocketed by 79pc to £48.1m for the 12 months to January 2, despite lockdown measures during the first quarter.

The group now operates five delivery kitchens and reported that deliveries have grown to represent around 30pc of all sales.