Finance – Page 167
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News
Deliveroo revenues reach £128m, losses £129m
Roofoods, the registered name of Deliveroo, has posted full year financial results revealing revenues from operations up 611% to £128m.
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Deltic given Revolution bid deadline
Revolution Bars has been accused of dismissing a merger offer from Britain’s biggest nightclub operator “out of hand”
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Good Egg confirms Soho plans; launches crowdfunding campaign
The Good Egg has confirmed that it plans to open a second site in Soho and has launched a crowdfunding campaign to raise the funds in which to do so
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NewsM&B lfls up 1.8%
Mitchells & Butlers (M&B) has this morning reported that its like-for-like sales for the 51 weeks to 16 September were up 1.8%
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NewsFY turnover up 11.7% at Shep Neame
Shepherd Neame has this morning reported an 11.7% increase in turnover to £156.2m in the year to 24 June 2017
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Analysis & InsightBanking on future growth
The Business Growth Fund (BGF) has come a long way, far further than many imagined possible. Founded to support small and mid-sized emerging businesses during a difficult economic climate in 2011, it is now arguably the UK’s most active provider of growth capital
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Pret linked to takeover bid by Jollibee
Pret a Manger has been linked with a $1bn takeover bid by leading Philippines fast food group Jollibee Foods Corp, Reuters reports.
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Grace Land Group secures further funding
Grace Land Group has secured a six-figure loan to expand the business further following the opening of its fifth site
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Eagle Eye heralds “transformational year”
Eagle Eye saw its revenue increase by 71% to £11.1m in the 12 months to 30 June 2017
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Analysts corner: JDW
Leading analysts have welcomed a positive set of results from JD Wetherspoon this morning, saying its strong start to the year may indicate “significant market share shifts”.
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NewsHOP secures £750k for two new City sites
HOP, the Vietnamese grab and go concept, has secured £750,000 in private fundraising for its next two sites.
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News
Analyst corner: UBS on Greggs
Analysts at UBS have said that they see significant store roll-out potential beyond the formal Greggs management target
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News
Soho House FY turnover up 3.4%
Soho House saw total turnover grow 3.4% to £293.4m in 2016 as its global membership grew by 23.9%.
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NewsComptoir sees improvement in trading
The Comptoir Group has this morning reported seeing a noticeable improvement in trading during the last few months
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NewsJDW FY lfls up 4%
JD Wetherspoon has reported like-for-like sales up 4% for the 53 weeks to 30 July, with total sales up 4.1% to £1.7bn.
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NewsStonegate acquires Sports Bar & Grill
Stonegate Pub Company has acquired Bar Holdings – the company behind Sports Bar & Grill.
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NewsHandmade sold for under £1.5m
Handmade Burger Co was acquired out of administration for less than £1.5m.
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NewsBooker Q2 lfls up 6%
Booker Group, the food wholesaler, saw non-tobacco sales 5.8% rise for 12 weeks to 8 September – up 6% on a like-for-like basis.
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NewsMolson Coors ‘in bid for Aspall’
Molson Coors has been linked with a bid for cider manufacturer Aspall.
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NewsAnalyst corner: Barnfather on Greene King
Leading analyst Anna Barnfather at Liberum has said that the recent sales slip at Greene King should be put into context