All MCA Insight articles in January 2020 – Page 7
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NewsBoxpark grows profits by 22%
Boxpark has grown profits by 22% to £1.6m in the year to April 2019, MCA can reveal.
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NewsHonest Burgers secures Covent Garden site
Honest Burgers have further strengthened their London estate with a new site in Covent Garden.
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NewsThe City Pub Group to focus on regional ‘big beasts’ in 2020
The City Pub Group will look to regenerate larger regional sites and achieve greater consistency across its estate in 2020. The group is set to open three large regional sites in Exeter, Cambridge and Bath – and dispose of two smaller sites - as part of its strategy to maximise profitability by focussing on larger buildings this year.
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NewsHearing the voice of Wetherspoon man
What can business expect from Boris Johnson’s new administration, bolstered as it is by a solid majority and heading full tilt forwards Brexit?
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Analysis & InsightJ.P. Morgan Cazenove on Marston’s and M&B
After strong outperformance in 2019, we are moving MARS and MAB to Neutral, from Overweight, as the current share prices have now “caught up” to reflect the fundamentals, in our estimation. MAB’s operational performance inflected during 2019, and MARS largely resolved fears around its leverage and dividend sustainability. In addition, ...
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NewsCity Pub Group counts cost of ‘frustrating’ Christmas
The City Pub Group has lamented a number of “frustrating” factors which dampened its festive trading, including the December general election and industrial action on South East trains.
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Analysis & InsightBerenberg on City Pub Group
This morning, The City Pub Group (CPC) released a full-year trading update, noting that due to a series of largely one-off issues, 2019 earnings are expected to be modestly below prior expectations. While we only reduce our 2019 sales numbers by c1%, the impact of operational gearing means that our 2019 EPS forecasts come down by c12%. The impact on outer years is far more modest and we continue to believe in CPC’s expansion plans – so while we reduce our price target to 220p, we maintain our Buy rating.
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Analysis & Insight2019 Consumer award winners Part 2: Spotlight on NPS and RI
After last week’s focus on the best in class quality, value for money and friendly service award winners, this follow-up analysis shines a spotlight on those out-performing operators topping the league tables at Net Promoter Score (NPS) and Revisit Intention (RI).
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NewsEveryone’s welcome at Our Place
MCA talks to Brasserie Bar Co. chairman Mark Derry and CCO Richard Ferrier about their cautious, consistent and community-led business model.
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Analysis & InsightGoodbody on Whitbread
Whitbread - Thoughts into Q3 update, any confirmation of improving trends important
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Analysis & InsightJ.P. Morgan and Goodbody on Mitchells & Butlers
Robust Q120 LFL represents comparison-adjusted acceleration
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NewsElephant Park adds to restaurant line-up
Miko’s and Bayroot, two south-London based restaurants, are set to open sites in Southwark’s Elephant Park in Spring 2020.
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NewsPepper Collective announces slew of projects
Temper founder Neil Rankin and former Benugo CEO Handley Amos are heading up a restaurant division that will provide investment and expertise to restaurateurs to launch new ventures.
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NewsImbiba backs Wireless Social with £1m
Imbiba, the specialist leisure investor, has backed hospitality tech business Wireless Social with £1m of funding.
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NewsTakeaway.com approves Just Eat takeover
Takeaway.com shareholders have approved its all-share merger with FTSE 100-listed takeaway platform Just Eat.
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Analysis & InsightUK coffee shop numbers shrink by 0.9%
The UK coffee shop market has shrunk by 0.9% in terms of outlet numbers, following restrained investment in the context of Brexit uncertainty and tough high street trading, Allegra World Coffee Portal reveals.
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NewsTRG appoints Chambers as leisure brands CEO
The Restaurant Group has appointed Mark Chambers to the new position of CEO of its leisure brands.
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NewsThe 2020s – when sustainability and health & wellbeing come of age
David Read, Prestige Purchasing’s Chairman looks forward to the decade ahead, and the key trends that will impact food and drink supply chain
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NewsCMA indicates approval of Stonegate Ei deal
The CMA has indicated it is satisfied that the disposal of 42 pubs will clear the way for the Stonegate and Ei Group deal to progress. In a statement this morning it said the disposals amounted to a “sufficiently clear-cut and effective resolution of the CMA’s competition concerns.” However, it ...
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NewsMitchells & Butlers “pleased” with performance
Mitchells & Butlers has released a trading update for the 14 weeks ending 4 January 2020. Like for like sales were up 3.5%, with “particularly strong sales growth” in food. Over the three-week festive period, like-for-like sales were up 5.6%. Total sales increased by 2.7% over the full year to date.