All Results articles – Page 43
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NewsSSP H1 EBITDA grows 12.6%
SSP Group, the F&B travel concessions operator, has reported a 12.6% rise in EBITDA to £54m in the six months to 31 March, with like-for-like sales up 3.2% over the period
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NewsFuller's: coffee, Heathrow, acquisitions, statutory code
M&C Report takes a closer look at the full year results to 29 March for Fuller’s and speaks to chief executive Simon Emeny
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Bath Ales reports FY loss
Bath Ales, the brewer, pub and restaurant operator led by Robin Couling, has reported a pre-tax loss of £40,235 in the year to 31 August 2013, against a pre-tax profit of £241,374 in the previous year
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NewsRollo: Slowdown at Costa expected in Q1
A leading analyst has said that expects Whitbread to report solid Q1 LfL sales growth of 5.5% driven by strong trading in Hotels and Restaurants but a slowdown at Costa
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NewsFuller's FY adjusted PBT grows 10%
Fuller’sFuller’s, the London-based brewer and pub operator, has reported a 10% rise in adjusted pre-tax profits to £34.1m in the year to 29 March, driven by its managed estate, which saw like-for-like growth of an “industry leading” 8.3%
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Stations attract millions of non-travellers
Tens of millions of people a year are visiting Britain’s biggest railway stations who aren’t travelling by rail to eat, drink and shop, new figures show
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NewsRobinsons: tenancy innovation, operating profit grows 50.5%
Robinson’s, the Cheshire-based brewer and pub operator, is to introduce a more flexible tenancy agreement this year, which it hopes to rollout across most of its estate, joint managing director William Robinson has told M&C Report
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Benugo FY PBT grows 46.5%
Benugo, the restaurant operator and caterer, has reported a 46.5% rise in pre-tax profits to £4.9m in the year to 27 December 2013 and said it forecasts “significant growth opportunities” for 2014
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Tesco refurbs 100 stores in Q1
Tesco, the supermarket group that owns eating out brands Giraffe, Decks and has invested in Harris + Hoole, has reported that it has refurbished more than 100 stores during the three months to 24 May
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AG Barr chair to retire; revenues grow 5.2%
AG Barr, the soft drinks company, has reported a 5.2% rise in revenue for the 15 weeks to 11 May and announced that its chairman Ronnie Hanna will retire from the board on 31 December 2014
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NewsLfls up 10% at Draft House
Draft House has reported a 17% rise in like-for-like sales in May and said it hoped to have new site news shortly
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NewsFive Guys UK reports £3.89m loss
Five Guys UK has reported a loss of £3.89m in the period to 29 December 2013, as the cost of launching in the country saw administrative expenses reach £4.58m.
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Analysis & InsightEating out frequency in pubs up in Q1
Eating out frequency increased at both pubs and supermarket-to-go channels in Q1 2014, according to the latest results from Allegra Foodservice’s UK EatingOut Panel
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NewsJW Lees identifies templates for five-year expansion plan
JW Lees currently has a £20m “war chest” to open 15 pubs per year and has identified four operating templates for its expansion, managing director William Lees-Jones has told M&C Report
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NewsLfls up 6.1% at Essenden
Essenden, the ten pin bowling operator, has said trading remains slightly ahead of expectations, with like-for-like sales up 6.1% in the 20 weeks to 18 May
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Max Property sees 13.3% uplift across pubs portfolio
Max Property Group has reported a 13.3% (£5.4m) increase in the valuation of the portfolio in the year to 31 March 2014
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NewsMiller Brands outperforms UK beer market
Miller Brands UK (MBUK), a subsidiary of SABMiller, outperformed the UK beer market for the year ending 31 March 2014, as domestic lager volumes grew by 5% compared to the overall beer market in the UK which declined by less than 1%
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Booker FY PBT grows 25% after Makro acquisition
Booker, the food and drink wholesaler, has reported a 2.1% rise in like-for-like sales (excluding its Makro business) in the year to 28 March as it saw profits before tax and exceptionals rise 25% to £118.7m following its acquisition of Makro
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NewsH1 lfls up 1.1% at M&B
Mitchells & Butlers (M&B) has this morning reported a 1.1% increase in like-for-like sales for the 28 weeks to 12 April 2014 and said that its performance had been underpinned by a turnaround in volume performance
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NewsYoung's to rebrand tenanted arm; FY adjusted PBT up 17%
Young’s, the London-based pub operator, has reported a 17% rise in adjusted pretax profit to £27.2m in the year to 31 March, with like-for-like sales in its managed arm up 6.7%, as it announced plans to rebrand its tenanted arm as the Ram Pub Company by the end of the summer