All Prezzo articles – Page 19
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NewsM&C20 lags behind market on anniversary
It’s a full year since we launched M&C20 and the portfolio of leisure sector shares is worth nearly 26% more than in May 2013, against a 6% rise across the general stockmarket
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NewsM&C20 stocks stay flat against rising market
Leisure company shares were flat this week as the M&C20 index increased a mere 3 points to 1,253, missing out on wider stock market gains. The All Share Index rose 16 points to 1,043
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NewsPrezzo directors trim holdings
A number of directors of Prezzo trimmed their holdings in the restaurant group yesterday
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NewsM&C20 stabilises as household confidence returns
M&C20 stabilised (up 4 points to 1,250) this week after recent heavy losses caused by market jitters and profit taking. The leisure index outperformed the All Share index, which slipped 1 point to 1,027
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NewsTrowbridge next for Dean’s Diner
Richoux Group has secured a site in Trowbridge, Wiltshire, for its Dean’s Diner brand
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Zizzi confirmed for Hereford
Zizzi has been confirmed for the £90m retail and leisure scheme on the redeveloped Cattle Market in Stanhope, Hereford
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NewsM&C20 suffers record fall as leisure stocks slide
The M&C20 suffered the biggest fall of its 11 month history, as shares in leisure sector stocks plunged 3.6% this week
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NewsKaye: Prezzo brand to still dominate openings
Prezzo expects its eponymous brand to continue to dominate its opening programme this current year despite the growth of its Chimichanga and Cleaver concepts, chief executive Jonathan Kaye has told M&C Report
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NewsPrezzo FY EBITDA up 13%; plans 25-30 openings this year
Prezzo, the Jonathan Kaye-led restaurant group, has reported a 13% rise in adjusted EBITDA to £28.9m in the year to 29 December on revenue up 15% to £166.5m, and said it planned to open 25-30 new sites by the end of this year
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Prezzo secures Edinburgh site for Chimichanga
Prezzo has secured a site in Edinburgh for its Chimichanga brand, according to The Scotsman
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NewsAnalyst corner
Simon French at Panmure Gordon moves his recommendation for Prezzo from Hold to Buy and raises his Target Price for the group from 112p to 197p ahead of its preliminary results next Wednesday
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OpinionQuay destination
In a first of a new series of city focuses, M&C Report puts the spotlight on Bristol. It talks to local operators, some of whom have become national players, looks at others who are looking to take that step, and assesses the latest research on the area and upcoming projects
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NewsPrezzo rollout 'could be accelerated'
Leading analyst Nicholas Batram has suggested that the rollout of Prezzo could be accelerated and he predicted a positive set of results from the Jonathan Kaye-led group when it reports its full-year results on 9 April
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Allsop raises c£78m from commercial auction
Allsop raised £77.9m at its second commercial auction of the year this week, which included a number of pub and freehold restaurant investments, with an average success rate of 82%
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NewsWagamama and GBK embrace mobile payment
Wagamama and Gourmet Burger Kitchen (GBK) have joined Prezzo in introducing new mobile payment technology via the PayPal smartphone app to the whole of their estates
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NewsM&C20 holds steady amid general market decline
The M&C20 escaped the worst ravages of a week that saw the FTSE All Share Index plummet by 3.2% to 1,027
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NewsPrezzo lines up further Cleaver conversions
Prezzo, the Jonathan Kaye-led group, is believed to be lining up two further conversions of its existing estate to its fledgling Cleaver brand
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BTP secures further Midlands site
Boston Tea Party (BTP) has secured a further in the Midlands at The School Yard in Harborne
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Operators recognised for menu innovation
A number of major pub, restaurant and coffee shop operators have been recognised for their menu innovation
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NewsPrezzo lines up Billericay for Cleaver
Prezzo, the Jonathan Kaye-led group, is believed to be lining up a conversion of the Brasserie Gerard site in Billericay, Essex, for its latest Cleaver opening