Finance – Page 158
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NewsTRG FY lfls down 3%
The Restaurant Group has reported like-for-like sales in the 52 weeks to 31 December down 3%, with total sales down 1.8%.
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News
Management team takes control at Salt Yard Group
The management team of the Salt Yard Group has taken control of the four-strong business
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H1 revenue up 28% at Eagle Eye
Eagle Eye, the digital loyalty company, saw group revenues increase c28% to £6.5m in six months ended 31 December 2017
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News
Marston’s reports £1m profit hit from snow weeks
Marston’s has reported a profit impact of £1m as a result of the snow-affected fortnight at the end of last year.
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News
Revolution grows festive lfls 5.9%
Revolution Bars Group has updated on its half-year and festive trading, reporting like-for-like sales in the four weeks to 31 December up 5.9%.
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News
Analysts corner: Peel Hunt on Fuller’s
Leading analysts, Douglas Jack and Ivor Jones, have given their views on Fuller’s, which gives its Q3 update on 25 January, saying they expect 2018 to be a year of consolidation for the group.
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NewsTortilla FY lfls up 7.5%
Tortilla has reported that company sales increased 20% to £30.4m last year, with restaurant like-for-like sales up 7.5%
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NewsWhitbread Restaurants – star of the show or work in progress?
Coverage of Whitbread’s results yesterday was dominated by the fall in like-for-like sales across its UK equity Costa stores and flat trading in hotels.
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NewsAnalysts corner: Jack on TRG
Leading analyst Douglas Jack, of Peel Hunt, gives his view on The Restaurant Group, pointing to the key challenge that capacity always goes in much faster than it comes out.
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News
Zuma owner Dogus eyes London IPO
D-ream, which owns stakes in Zuma, Roka, Tom’s Kitchen and Coya, could be spun out for a potential London IPO, Bloomberg reports.
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News
NewRiver updates on pub developments
NewRiver, the UK REIT and pub owner, has a pipeline of 1 million sq ft of planning consents for residential developments above its pubs and car parks.
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News
Analysts corner: Peel Hunt on RBG
Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have said they expect Revolution Bars Group to show a strong improvement in like-for-like sales when it releases its H2/festive trading update next week.
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News
Vagabond in investment talks
Vagabond, the award-winning wine shop and deli concept, is in investment talks as it plans to open four further sites this year
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Cineworld UK retail sales up 7.1% in 2017
Cineworld saw UK retail revenue grow 7.1% in the year to 31 December.
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NewsGunewardena hails 'flight to quality' in December trading
Des Gunewardena has credited a “flight to quality” to D&D London’s strong December trading.
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NewsBrewDog extends fundraise
BrewDog is extending the deadline for its Equity for Punks crowdfunding programme citing an “incredible groundswell of demand” to invest.
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Opinion
Analysts corner: Barnfather on City Pub Group
Leading analyst Anna Barnfather, of Liberum, has said City Pub Group’s management strength and track record as well as its freehold asset base make it an attractive investment.
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News
Distil Q3 revenue up 19%
Distil, the producer of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago’s Cream Liqueur and Diva vodka, has reported third quarter revenues and volumes climbed by 19% to December.
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Greggs FY lfls up 3.7%
Greggs has reported like-for-like sales in its company-managed stores up 3.7% for the year to 30 December.
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Analysts corner: Jack on M&B
Leading analyst, Douglas Jack, of Peel Hunt, gives his view on Mitchells & Butlers, saying that with like-for-like sales momentum starting to build, “the long-awaited positive catalyst is emerging”.