Finance – Page 315
-
News
BrewDog launches new £4m fund raising
BrewDog is to relaunch its Equity for Punks crowdfunding programme, with the aim of raising a record £4m
-
News
Welsh whisky maker Penderyn to triple production
Penderyn Distillery, Wales’s only whisky producer, is to treble production of its malt whisky in an attempt to crack the export market
-
News
Maxwell’s reports rise in FY sales
Maxwell’s Group, the London-based restaurant company, has reported a rise in full-year sales and profits
-
News
Atmosphere estate acquired by Chicago Group
The rump of the former Atmosphere Bars and Clubs estate has been acquired out of administration by the Chicago Group
-
News
Stonegate spends £4m on Q2 refurbs
Stonegate, the managed pub operator, has spent more than £4m investing in 31 sites in the second trading quarter
-
News
Turtle Bay takes Peach site
Turtle Bay, the Caribbean restaurant concept, has secured Peach Pub Company’s the Almanack unit in Leicester’s Highcross shopping centre.
-
News
Amber FY EBITDA rises one third
Amber Taverns, the fast-growing operator of wet-led community pubs, saw EBITDA increase by one third to £6.8m in the year to 3 February
-
NewsSpirit on track despite tough Q3
Spirit Pub Company has reported a 2.6% rise in like-for-like sales across its managed estate for the six weeks to 25 May
-
News
Liberation Group acquires six-strong package
Liberation Group, the Jersey-based pub and drinks business, has agreed to acquire six of the Channel Islands’ best known pubs and bars
-
News
Whibread Q1 LFLs up 3.1%, restaurants flat
Whitbread has reported a 3.1% rise in Q1 like-for-like sales, with Costa again leading the growth with like-for-likes up 8% but with flat like-for-likes in its restaurants division
-
News
Jack: GK cut from Add to Hold
A leading analyst has cut his stance on Greene King to Hold in the run up to the pub operator’s full year results next week
-
News
St Austell secures Browns deal for Korev
St Austell Brewery’s Cornish lager, Korev, will be available in Browns restaurants across the UK from this month as part of an exclusive deal
-
NewsIntertain eyes £5m sale and leaseback
Intertain has placed two of Walkabout sites on the market as part of a sale and leaseback opportunity, which values the two investments at £5m in total
-
News
Robinsons PBT grows 86%
Cheshire brewer and pub operator Frederick Robinson has given more details of its reorganisation plan as it reported an 86.1% rise in pre-tax profits to £3.4m in 2012
-
NewsM&C20 Leisure Index rises 1.4% to 1,054.11
The M&C20 Leisure Index increased by 14.3 points (or 1.4%) this week, to reach 1,054.11
-
News
TCG: sales per site up in two of three subsidiaries
TCG has reported an increase in full-year sales per site in two of its three subsidiaries, although overall sales fell
-
Analysis & Insight
Sector LFLs up 1.2% in May
Like-for-like sales among 27 leading pub and restaurant operators grew 1.2% in May, with London trading ahead of the rest of the country
-
News
Vianet 'would take legal action' on pubco plan
Executive chairman James Dickson says Vianet would have “no choice” but to take legal action if the current proposals go through, although he doubted that they would
-
News
Vianet would challenge pubco code; FY leisure revenue falls
Vianet says it would challenge proposals for a statutory pubco code “as forcibly as necessary” and warned of the “detrimental” effect of the plan on its business
-
News
UK lifts McDonald's
Positive trading in the UK helped McDonalds report a 2% rise in comparable sales across Europe in May