Finance – Page 185
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Analyst corner: Rollo on pub companies - A Flat Pint
Leading analyst Jamie Rollo at Morgan Stanley has said that pubs face an unenviable combination of weakening sales, mounting costs, and rising capex
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Livingbridge set to complete Rhubarb deal
Livingbridge is set to announce that it has acquired a majority stake in Rhubarb, the event caterer and restaurant operator
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Stonegate to acquire Intertain
Stonegate Pub Company has this morning announced that it has reached agreement to acquire Walkabout operator Intertain from Better Capital, in a deal valued at £39.5m
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Admiral FY turnover up 1.7%
Admiral Taverns has received just four requests about conversions to a Market Rent Only (MRO) option agreement since the pubs code came into force.
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Patisserie Holdings in talks to acquire Maison Blanc
Patisserie Holdings, the AIM-list parent company of Patisserie Valerie, is in advanced talks to acquired Maison Blanc
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BrewDog bond hits £100k within hours
BrewDog’s latest fundraise had already generated more than £100,000 by lunchtime of its launch day.
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FY PBT tops £7.5m at Turtle Bay
Turtle Bay, the Piper-backed Caribbean chain, saw pre-tax profit increase from £4.5m to £7.6m
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Yum! explores £300m sale of KFC’s UK company-owned sites
Yum! Brands has appointed advisors to explore the sale of the majority of KFC’s company-owned sites in the UK
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Analyst corner: Brumby on Domino’s Pizza
Leading analyst Mark Brumby at Langton Capital takes a look at the new long-term expansion targets set out by Domino’s Pizza
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AMC completes $1.2bn Odeon deal
AMC has become the largest cinema chain in the world after closing its $1.2bn deal to acquire Odeon & UCI Cinemas
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DP Poland sells four stores for £350k
Domino’s Pizza Poland has sold four of its 32 stores to a Polish company set up by a former Domino’s UK area manager for £350,000.
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Alcuin acquires stake in Koh Thai Tapas
Alcuin Capital Partners has acquired a significant stake in the Koh Group, operator of the Koh Thai Tapas and Koh Noi concepts, in a deal believed to be valued at c£10m
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GK H1 sales over £1bn for first time
Greene King has seen total revenue for its half-year grow above £1bn for the first time.
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Analyst corner: Brumby on Whitbread’s Capital Markets Day
Leading analyst Mark Brumby at Langton Capital takes a look at the update from Whitbread on its Capital Markets Day yesterday
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SSP UK FY lfls up 3.1%
SSP has reported a 3.1% like-for-like increase across its UK business for the year to 30 September, with revenue up 2.9% to £749.4m
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Vapiano plans IPO
Vapiano is preparing a stock market listing which may value the group at about 600 million euros (£512m) including debt
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BPF criticises Love Coffee CVA
The British Property Federation (BPF) has criticised the owners of independent coffee chain Love Coffee for seeking a restructuring deal
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CBI expects faster growth in next quarter
The latest figures from the CBI have shown “a modest increase” in business volumes in the consumer services sector but with expectations of faster growth in the next three months.
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Livingbridge takes lead on Rhubarb
Livingbridge has taken the lead in acquiring a stake in Rhubarb, the event caterer and restaurant operator
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Coffee shop purchases drive Network Rail Q3 sales
Network Rail has reported a 3.5% increase in total sales to £166m for July-September 2016