Tasty, the AIM-listed operator of the Dim T and Wildwood chains, has reported a 30% increase in turnover to £8.8m for the 26 weeks to 1 July 2012 and said that it had the resources for further acquisitions after opening five new sites during the period. The group, which is jointly led by Jonny Plant and Sam Kaye, saw operating profit before pre-opening costs, share-based payments and interest, climb to £752k (£526k). Pre-tax profit dropped from £444k to £360k. Pre-opening costs were £348k (2011: £67k), share based payments were £28k (2011: £21k) and finance expense was £16k (2011 - income - £6k). Basic and diluted earnings per share for the period were 0.75p and 0.74p (2011: 0.93p and 0.89p). During the period, capital expenditure reached £2.45m (2011: £537k), with four new Wildwood restaurants opened at Epping in March; Market Harborough in April; and Ely and Bow Street in May. A site in Cambridge acquired in December 2011 was rebranded in February into a Wildwood and re-opened in March. The new openings during the period brought the group’s number of restaurants to twenty-two, consisting of six Dim Ts, 14 Wildwoods and the two Café Pasta sites it acquired last year, which are expected to be converted to the Wildwood format in time. It is thought that the group has secured a site in Newmarket for core brand Wildwood and continues to seek further units in the capital for the pizza and pasta concept. Overall, the group said that net cash outflow was £557k(2011: £201k). Earlier this year, the company negotiated a bank loan facility of £2.5m. Of this the first £1m was called down during the period. As at the end of the period, the company had cash balances of £1.45m (2011: £2.7m). Chairman Keith Lassman said: “The group continues to focus on means of taking the business forward in terms of increasing sales by updating the menus and improving the food and labour margins, all of which are continually reviewed.