Company Results

Simon Townsend

EiG: 2020 is ‘just a line in the sand’

21 Nov 2018

Ei Group chief executive Simon Townsend has told MCA that 2020 is merely a ‘line in the sand’ in terms of its strategy and he expects the managed pub estate to continue growing at up to 125 pubs a year well into the next decade.

Marston's House

Marston’s reports ‘solid’ start to FY19

21 Nov 2018

Marston’s has reported a ‘solid’ performance in the seven weeks since 29 September, with growth in pub like-for-like sales (lfls) and own and licensed beer volumes.

Ei Group

EiG managed lfls up 7.1%; ‘considerable interest’ in commercial property arm

20 Nov 2018

Ei Group (EiG) has reported like-for-like (lfl) sales up 7.1% in its 308-strong managed division for the year to 30 September.

Patrick Dardis

​Young’s: Levers for growth; bolt-on acquisitions and cannabis cocktails

16 Nov 2018

Young’s chief executive Patrick Dardis spoke to MCA after yesterday’s H1 trading update. He discussed further levers for growth, why Young’s has turned down several pub groups on the market, his anger with politicians, why he doesn’t pay attention to what his peers are doing and why cannabis-infused mocktails may be the next big trend.

Clive Watson

City Pub Group eyes new £40m debt facility

21 Sep 2018

City Pub Group is in talks over new debt facilities of up to £40m as it seeks further growth amid booming drinks sales.

Tortilla exterior

Boost from delivery helps Tortilla LFLs rise 6% YTD

21 Nov 2018

Tortilla has seen like-for-like sales (lfls) increase by c6% across it estate in the year to date, and has plans to take further advantage of the trend for delivery, including its own dark kitchen concept, MCA has learnt.

NewRiver

NewRiver sees £1.7m synergies from Hawthorn in H1

21 Nov 2018

NewRiver says it has unlocked £1.7m of the expected £3m synergies from the acquisition of Hawthorn Leisure.

SSP City Bar and Grill

Smith to replace Swann as SSP global CEO

21 Nov 2018

SSP Group has announced that Kate Swann is to step down from her role as group chief executive next May, to be replaced by current UK & Ireland chief executive, Simon Smith.

Compass Group

Compass Group sees FY boost from UK contract wins

20 Nov 2018

Compass Group, the concessions operator and contract caterer, has said a new contract win with financial services group ING in the UK helped to accelerate organic growth in Europe in the year to 30 September.

Burger King Garden Grill

Eagle Eye expands into QSR with Burger King contract

16 Nov 2018

Eagle Eye, the digital loyalty company, has signed a three-year deal with the Bridgepoint-backed Burger King UK – its first quick service restaurant (QSR) customer.

QSRs, coffee shops and bars capture mobile payment trend

13 Nov 2018

Quick-service-restaurants (11.3%), coffee shops (11%) and bars and pubs (9.25%) are the biggest beneficiaries of the trend towards mobile payment, data from Cardlytics reveals.

andrew-laurillard

Laurillard: Differentiation key to success

13 Nov 2018

Giggling Squid co-founder Andy Laurillard has credited his company’s 53% uplift in EBITDA to a differentiated offer which does not revolve around pizzas and burgers.

Zizzi

Azzurri FY sales up 8.5%

12 Nov 2018

Azzurri Group chief executive Steve Holmes has told MCA that the group is primed to capitalise on the good property deals he expects will result from the contraction in the casual dining market.

Wetherspoons logo

JDW Q1 lfls up 5.5%

07 Nov 2018

JD Wetherspoon has reported a 5.5% rise in like-for-like sales in the 13 weeks to 28 October.

Fulham Shore reports on “successful” H1

07 Nov 2018

Fulham Shore has given a sparse update on the six months to 23 September ahead of the full interim results announcement next month.

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