All Results articles – Page 20
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NewsAdmiral eyes opportunities for growth in 2019
Admiral Taverns chief executive Kevin Georgel has told MCA that the company is primed for further acquisitions and expects there to be significant opportunities in Q2 and Q3 of 2019.
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NewsYoung’s CFO steps down
Young’s has announced the immediate departure of Steve Robinson as chief financial officer.
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NewsHollywood Bowl reports FY lfls up 1.8%
Hollywood Bowl has announced a like-for-like (lfl) sales increase of 1.8% for the full year ended 30 September 2018.
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NewsCoaching Inn Group YTD lfls up 9.3%
The Coaching Inn Group has reported like-for-like sales in the year to date up 9.3%.
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NewsPho lfls up 5.5%
Pho, the Vietnamese restaurant group led by Stephen and Juliette Wall, saw like-for-like sales increase 5.5% in the eight months to the end of October 2018, on the back of a year when it broke through the £30m-turnover mark, MCA understands. The 27-strong company, which is backed by Livingbridge, saw ...
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NewsGK managed lfls up 2.7% in H1
Greene King has reported like-for-like (lfl) sales up 2.7% in its managed Pub Company arm over the 24 weeks to 14 October and said lfl net income in its tenanted and leased Pub Partners estate had also risen.
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NewsNew Vapiano boss expects year of development
Roberto Moretti, the recently appointed chief executive of Vapiano UK, has said the focus for 2019 will be on evolving the brand and bedding in its next two openings.
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NewsTurtle Bay FY sales up 7%
Turtle Bay, the Caribbean restaurant and bar group, has reported sales up 7% to £68.1m for the year to 24 February 2018
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NewsGreggs Q3 lfls up 4.5%
Greggs has reported like-for-like sales up 4.5% for the eight weeks to 24 November with total sale up 9% for the period.
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NewsFuller’s evaluating scope for Bel & Dragon brand
Fuller’s chief executive Simon Emeny has told MCA the group is now evaluating the potential for the Bel & The Dragon brand – including possible conversions within the Fuller’s managed estate.
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NewsETM reports FY turnover up 34.7%
ETM, the 14-strong bar and restaurant group, saw turnover grow 34.7% to £27m in the year to 29 February 2018.
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NewsLfls up 6% at Loungers; evaluates IPO potential
Loungers, the Lounge and Cosy Club concepts operator, has reported a 6% increase in like-for-like sales for the year to 22 April, with revenue growth of 31.9% to £121.1m, as talk of a potential IPO for the business resurfaces.
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NewsM&B: JVs, virtual brands and surge pricing
Following yesterday’s full-year results announcement, MCA talks to Mitchells & Butlers chief executive Phil Urban. He discusses performance across its suite of brands, and why he sees joint ventures as the smartest form of M&A. He also says developing a virtual brand is on the company’s road map, talks about the rollout of order at table technology and the company’s work on flexing price during busy periods.
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NewsFuller’s H1 managed lfls up 4.1%
Fuller’s has reported like-for-like sales (lfls) in its managed portfolio up 4.1% in the six months to 29 September.
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NewsHawthorn model could be rolled out across NewRiver’s retail portfolio
Mark Davies, the executive chairman of the 616-strong Hawthorn Leisure pub company, has told MCA that its management skills are already being integrated into the shopping centre portfolio of parent company NewRiver.
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NewsM&B FY lfls up 1.3%
Mitchells & Butlers has this morning announced like-for-like sales the year to 29 September up 1.3%, with a 2.2% rise in the past seven weeks.
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NewsNewRiver sees £1.7m synergies from Hawthorn in H1
NewRiver says it has unlocked £1.7m of the expected £3m synergies from the acquisition of Hawthorn Leisure.
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NewsMarston’s reports ‘solid’ start to FY19
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.
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NewsEiG: 2020 is ‘just a line in the sand’
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.
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NewsBoost from delivery helps Tortilla LFLs rise 6% YTD
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.