Oakman Inns & Restaurants reports like for like rise

Oakman Inns & Restaurants has said like for like sales were up 7.3% for the 15 month period ended June 2019.

Sales for the period topped £46.7m with LfL sales up 7.3%.

Site EBITDA was £8.6m with group EBITDA at £4.2m.

“Overall we have maintained our corporate momentum despite an unhelpful environment with the uncertainty around Brexit impacting both consumer and investor confidence,” said Oakman CEO, Peter Borg-Neal.

“We believe that the post-election period will bring some momentum in to the economy and we expect that the new Government will keep their promises with respect to a root and branch reform of Business Rates.”