All Results articles – Page 31
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NewsRamsay’s restaurant group swings back into profit
The restaurant business of Gordon Ramsay has returned to profit thanks to restructuring and international expansion
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OpinionYoung’s: From dray horses to digital revolutionaries
Young’s chief executive Patrick Dardis talks to MCA about regional expansion; plans to ramp up investment; it’s digital ambitions and the trends the group is seeing in its customer base.
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NewsTRG lfls fall 1.8%
The Restaurant Group saw like-for-like sales slide again in the 20 weeks to 21 May.
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NewsMarston’s: Charles Wells; pub deals; pricing and lodges
MCA talks to Marston’s chief executive Ralph Findlay and managing director of Marston’s Beer Company, Richard Westwood, on the back of the £55m acquisition of Charles Wells.
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Greggs lfls up 3.6%
Greggs has reported a “good start to the year” with company-managed shop like-for-like sales in the first 19 weeks up 3.6%
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SSP says rail strikes hit H1 sales
SSP, the travel concessions operator, has reported UK like-for-like sales growth of 1.9% for the six months to 31 March but said strike action has hit sales at railway stations.
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Marston’s sees H1 lfl growth across estate
Marston’s grew like-for-like sales in its Destination and Premium arm by 1.6% in the 26 weeks to 1 April.
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Tortilla appoints new FD
Tortilla has reported that its like-for-like sales are up 9% in the year to date on the back of strong like-for-like sales last year
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C&C FY revenue down 6.9%
Magners producer C&C Group saw group net revenue fall 6.9% to €559.5m for the year to 28 February with net revenue from core brands down 2.1%.
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M&B H1 lfls up 1.6%
Mitchells & Butlers grew like-for-like sales 1.6% in the 28 weeks to 8 April, with a 1.9% increase for the first 33 weeks of the year.
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Patisserie Holdings H1 EBITDA up 15.6%
Patisserie Holdings has reported a 15.6% increase in EBITDA to £12.2m for the six months to 31 March 2017
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Pure FY turnover nears £12m
Pure saw turnover close in on £12m in the year to the end of 2016, with group EBITDA over £1m for the second consecutive year
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FY sales up 13.2% at St Austell
St Austell Brewery has reported a 13.2% increase in annual turnover to £153.2m
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FY EBITDA down 23% at TLG
Thai Leisure Group has reported a 23% decline in company EBITDA to £3m for the year to 31 July 2016
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Punch H1 lfl net income down 1.2%
Punch has announced its interim results for the 28 weeks to 4 March 2017, which showed that like-for-like net-income declined 1.2%
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NewsPret FY sales up 15%
Pret A Manger, the Bridgepoint-backed chain, saw sales rise 15% to £776.2m in the year to 29 December with like-for-like sales growing 4.8%. EBITDA grew 11% to £93.2m.
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McDonald’s to offer UK staff fixed contracts
McDonald’s UK yesterday announced that it would offer its UK workforce a choice between a flexible contract and a new guaranteed hours’ contract
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NewsCosta FY lfls up 2%
Costa’s like-for-like sales grew 2% in the UK for the year to 2 March but there were signs of slowing spend on the high street in Q4.
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NewsHeineken reports reduction in UK volumes
Heineken has this morning reported that its UK volumes were down by a “low single-digit amount” during its first quarter
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EAT confirms debt for equity swap
EAT, the Lyceum Capital-backed chain, has confirmed that at the start of this year it restructured its balance sheet, reducing its debt and increasing equity by £94.5m