Finance – Page 156
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Freshcut Foods in MBO
Freshcut Foods, the Nottingham-based supplier, has been acquired in a deal backed by investment firm Perwyn.
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Google sells Zagat guide to The Infatuation
Google has sold restaurant review guide Zagat to The Infatuation website.
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Shepherd Neame H1 turnover up 6.3%
Shepherd Neame grew like-for-like EBITDAR 2.1% across its tenanted and leased pub estate in the 26 weeks to 23 December, while like-for-like sales in its managed arm also grew 2.1%.
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NewsHawthorn Leisure to review its options
Hawthorn Leisure has appointed advisors to assess its strategic options, which could include a sale of the business
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NewsDiversification underpins CDG lfl growth
Casual Dining Group has said that its current trading is ahead of the market, as it reported “positive low-digit” like-for-like sales growth
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NewsAB InBev sees double digit growth in UK
AB InBev saw double-digit top-line growth in the UK during 2017, with the introduction of Bud Light boosting sales.
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NewsAnalyst corner: Peel Hunt on Domino’s
Leading analysts Douglas Jack and Ivor Jones at Peel Hunt look ahead to Domino’s results update next week, focusing on its competitive advantage on its traditional rivals and how it is well placed to benefit from trading down from restaurants.
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Analysts corner: Driven to drink
Analysts at Liberum have given their view of the current market and their top picks for the sector, highlighting the potential for premium wet-led venues.
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Greggs lfls up 3.2% YTD
Greggs has this morning reported on an “encouraging” start to the year, with like-for-like sales (lfls) at its company-managed stores up 3.2% for the eight weeks to 24 February.
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NewsCaffè Nero lfls up 3.7%
Caffè Nero saw its global like-for-like sales increase 3.7% in the six months to the end of 2017, with UK like-for-likes up 2.5% during the same period
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Analysts corner: Peel Hunt on TRG
Peel Hunt’s Douglas Jack and Ivor Jones give their overview on what to expect when TRG reports on its 2017 results next week.
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NewsGreene King places Loch Fyne on the market
Greene King is again set to test the market for Loch Fyne Seafood & Grill, after appointing advisers to oversee a sale of the brand
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NewsIntu says leisure now makes up 13% of rent
Intu saw footfall at its UK shopping centres increase by 0.1% during 2017.
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SSP chairman faces investor revolt
SSP Group chairman Vagn Sorensen is facing an investor revolt over his numerous boardroom roles, Sky News reports.
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NewsFuller’s acquires Dark Star
Fuller’s is set to enhance its craft beer credentials after acquiring West Sussex-based Dark Star Brewing for an undisclosed sum, MCA has learnt.
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Analysts corner: Liberum on Domino’s
Analysts at Liberum have given their view on Domino’s, saying they see multiple reasons for caution.
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CCL: Continuing polarization in leisure investment market
Coffer Corporate Leisure said it is continuing to see further polarisation in the leisure investment market, particularly in the restaurant sector
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Analysts Corner: Whitbread
Analysts at Goodbody have updated their forecasts for Whitbread, following its Q3 trading statement.
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Heavitree FY turnover up 2%
Heavitree Brewery, the Exeter-based tenanted pub operator, has reported on a year of consolidation across its estate.
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NewsPeach Pub Company considers its options
Peach Pub Company, the Midlands-based, multiple pub operator, has appointed advisors as it considers its options