All Finance articles – Page 83
-
News
Peel Hunt predicts strong Domino's results
Domino’s Pizza is set to deliver strong results in its half yearly results on Tuesday (29 July), according to Nick Batram at Peel Hunt who issued a Hold recommendation and a target price of 591p
-
NewsMarston's: World Cup impact 'broadly neutral'
Marston’s, the brewer and pub operator, has reported a 4.1% rise in like-for-like sales in its Destination and Premium arm for the 41 weeks to 19 July, with the company describing the impact of the World Cup as “broadly neutral”.
-
NewsFuller's managed lfls grow 7.3%
Fuller’s, the London-based brewer and pub operator, has reported “strong trading” across all divisions with a 7.3% rise in like-for-like sales in its managed pubs and hotels division for the 16 weeks to 19 July 2014
-
News
Crowdcube completes fundraising in record time
Crowdcube, the crowdfunding platform used by a number of operators in the eating and drinking out sector, reached its £1.2m fundraising target in a record 16 minutes
-
NewsPizzaExpress launches £610m bond
PizzaExpress has started marketing a £610m bond to fund its leverage buyout by Chinese private equity group Hony Capital
-
News
Home of Fast Foods receives investment
Cattaneo, the Birmingham-based corporate finance firm, has made an investment in new quick service restaurant group Home of Fast Foods (Hoffs) as part of a £400,000 funding round, according to Insider Media
-
NewsFlat Q2 sales for McDonald’s
McDonald’s reported relatively flat like-for like sales both in the UK and internationally with just 1% growth for the second quarter up to June 30, 2014
-
News
'Active dining' concept Aveqia launches fundraising bid
Aveqia, the concept from Michelin Star chef David Berggren that involves groups of customers preparing and eating a meal for themselves, has launched a fundraising bid on Crowdcube to raise £300,000 by selling 10% of the business in order to expand
-
NewsSSP joins M&C20 in a week of modest recovery
The M&C20 Leisure Index staged something of a recovery following last week’s recent dramatic fall as it finished up six points at 1,160
-
News
Analyst corner: Jamie Rollo on Enterprise Inns
Jamie Rollo of Morgan Stanley looks ahead to Enterprise Inns’ Q3 interim management statement on 7 August, saying he expects like for like net income to be up 1.5%, boosted by the Easter shift, the World Cup and good weather
-
News
BGF in talks with Chaophraya
The Business Growth Fund (BGF) is in talks to invest in Chaophraya, the Thai restaurant group
-
News
Crowdcube receives £3.8m investment
Balderton Capital, one of Europe’s largest venture investors, has invested £3.8m in crowdfunding platform Crowdcube, which is used by a number of operators in the eating and drinking out sector to raise money for expansion
-
NewsEx-Land Securities exec sets up leisure property fund
Ashley Blake, who previously ran Land Securities’ £4bn retail and leisure portfolio, has created a leisure sector-focused property investment company that’s looking to raise c£200m to buy freeholds and long leaseholds let to leisure operators, M&C Report has learnt
-
NewsM&C20 hits seven-month low
The M&C20 Leisure Index has reached its lowest point since December with values sliding 3.5% to 1,154
-
NewsHolts names new chair as PBT falls
Joseph Holt, the Manchester-based brewer and pub operator, saw its pre-tax profit fall to £2.8m from £3.5m in the year to 31 December 2013 and announced that chairman David Tully is to step down
-
NewsSSP valued at almost £1bn
An offer price of 210p has been set for SSP’s IPO, which values the company at c£997m
-
News
Booker lfls up 3.8% for Q1
Booker Group, the food wholesaler, reported like-for-like sales growth of 3.8% for the 12 weeks to 20 June 2014 and said it is “on course” to meet full-year expectations
-
News
Rileys shareholders consider options for group
Shareholders of Rileys, the operator of 60 sports bars across the country, have appointed advisors to oversee options for the group, Sky News reports
-
News
Santander commits £100m to Scottish leisure sector
Santander has committed another £70m to the Scottish hotel and leisure sectors for 2014 after already lending £30m since the beginning of the year
-
NewsRoberts to head Kent brewery; raises £600k for expansion
Old Dairy Brewery, the Kent brewer founded in 2010, has raised £600,000 for expansion and announced the appointment of former Fuller’s Beer Company managing director John Roberts to lead a strengthened board as it enters a new phase, M&C Report has learnt