Finance – Page 231
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News
FY Profit up at Heavitree
Heavitree Brewery has reported a 4.39% rise in group operating profit to £1.4m in the year to 31 October, alongside a slight drop in turnover of £33k to £7.2m
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NewsAnalyst corner: Rollo on JDW
Leading analyst Jamie Rollo at Morgan Stanley looks ahead to the half-year update from JD Wetherspoon
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NewsStonegate portfolio sold for £30m
A package of pubs let to Stonegate Pub Company has been sold by its backer TDR Capital to real estate investment company Mansford for c£30m
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News
Titanic Brewery completes six-figure refinancing deal
Stoke-based brewer and pub operator Titanic has completed a refinancing as it targets growth from nine pubs to 30 by 2020.
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NewsJack: Trading to have remained strong at Domino’s
Leading analyst Douglas Jack at Numis has said that he believes trading should have remained strong at Domino’s during Q4
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Analysis & Insight
Third of all pub visits prompted by deals or promotions
A third of all visits to pubs are now driven by deals or promotions, according to the latest figures from NPD.
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News
MillerCoors CEO steps down amid mixed results
Molson Coors’ UK business failed to show sales volume growth in the fourth quarter of FY14 as the European business saw pre-tax profits down 14.7%.
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News
Domino’s Pizza Poland reports step change in performance
DP Poland has reported a step change in its performance, with system sales up 35% to PLN20.4m (£3.6m) in the year to 31 December 2014
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News
McDonald’s global sales decline in January
Despite a continued positive performance in the UK, McDonald’s saw global comparable sales decline 1.8% in January
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NewsLa Tasca reviews its options
La Tasca has appointed advisors to review its investment options as it seeks to accelerate its growth plans
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News
Camden Town launches crowdfunding campaign
Camden Town Brewery has launched a crowdfunding campaign through Crowdcube to raise £1.5m in exchange for 2% of equity
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NewsEBITDA up 21.1% at ASK and Zizzi
ASK Italian and Zizzi, the Bridgepoint-owned restaurant chains, have reported a 21.1% rise in EBITDA to £17.6m in the 28 weeks to 11 January
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News
PizzaExpress signs £4.5m supply deal
Hony Capital, owner of PizzaExpress, has signed a three-year supply deal worth £4.5m with 3663 catering equipment
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News
WSTA launches website to tackle alcohol fraud
The Wine and Spirit Trade Association (WSTA) has launched a website aimed at cracking down on alcohol related fraud, which it says costs the UK £1.3bn a year.
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NewsPubcos up in M&C20
The All-Share outperformed the M&C20 this week, rising 1.1% to 1,069 points, as a rally in the oil price pushed oil stocks higher. The M&C20 was up a more reasonable 0.1% to 1,305 points
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Analysis & Insight‘Grandad’ of the burger sector
Paul Campbell has been involved in the creation, development and sale of leisure businesses including trailblazing restaurant chains and health and fitness clubs. Mel Flaherty finds out more about the man who has gone on to establish private investment company Hill Capital Partners
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News
Final bids in for Ramsay stake
Final round bid were submitted this week to acquire a stake in Gordon Ramsay Group, with three private equity groups left in the process
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NewsIntertain receives approval for restructuring
Intertain, the operator of the Walkabout brand, has announced that its creditors have approved restructuring plans that will ensure the long-term future of the business
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News
Analyst corner: Brumby on dry January
Leading analyst Mark Brumby at Langton Capital says healthy living’s being marketed 24/7 but asks whether people listen? He getting an inkling that perhaps they do
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News
Motorway service areas owner completes £220m bond
Extra MSA Group, which owns 18 motorway service areas (MSAs), has completed a £220m private bond issue on one of its portfolios