All Results articles – Page 48
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NewsMcDonald’s sales drop in February
McDonald’s has reported that global comparable sales decreased 0.3% in February, despite a 0.6% increase in Europe, aided by a continued strong performance in the UK
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NewsSheps: investments, services, coffee, state of trade
M&C Report takes a closer look at the H1 results to 28 December for Shepherd Neame, and speaks to chief executive Jonathan Neame about the company’s approach to investments; which of its additional services are proving most popular with tenants; plus insights into acquisitions, disposals and coffee
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News
Cineworld revenues grow 13.2%; openings planned
Cineworld has reported a 13.2% rise in group revenue to £406.1m in the year to 26 December despite total box office revenues falling 0.3%, and said it plans to open three new Cineworld Cinemas and two new Picturehouse sites in 2014
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NewsSheps growth accelerates
Shepherd Neame, the Kent-based brewer and pub operator, saw growth accelerate across its tenanted and managed pubs, its hotels and core brands in the 26 weeks ended 28 December, with managed like-for-likes up 7.5% in the period
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NewsFY lfls drop 1.6% at Tragus
Tragus, the Café Rouge, Bella Italia and Strada operator, saw like-for-like sale decline by 1.6% in the year to 2 June 2013
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News
FY EBITDA up at Food & Fuel
Food & Fuel, the operator of London-based gastropubs and bars headed by former Spirit boss Karen Jones, saw EBITDA climb 2.8% to £655k in the year to 2 June 2013
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NewsDomino’s UK FY lfls up 7%
Domino’s Pizza Group has this morning reported like-for-like sales growth of 7% across its 670 UK mature stores during 2013 and announced it had entered into an agreement to purchase the minority shareholding in relation to its German business
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NewsWhitbread Q4 lfls accelerate to 6.8%
Whitbread has reported a 4% rise in like-for-like sales for the 50 weeks to 13 February, accelerating to +6.8% in Q4 driven by a “particularly good Christmas” and “to a lesser extent” favourable weather comparatives in January
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NewsWelcome Break to invest in estate overhaul
Welcome Break is to invest in excess of £15m over the next two years converting 14 or 15 of its service stations to an airport-style model, writes The Times
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NewsGreggs FY lfls fall 0.8% in 'transitional' year
Greggs, the high street bakery chain led by Roger Whiteside, a reported a 0.8% fall in like-for-like sales in what it called a “year of transition” in the 52 weeks to 28 December
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NewsABInBev FY UK volumes fall 3%
ABInBev saw UK volumes fall 3% in 2013, with a decline of 2.9% in the fourth quarter, although the country outperformed Western Europe as a whole
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NewsTRG lfls up 3.5%
The Restaurant Group (TRG) has this morning reported strong current trading, with total sales up 10% and like-for-like sales at 3.5% for the eight weeks to 23 February 2014, and said that the search for a new chief executive is “well underway”
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News
Cineworld FY PBT to be c£45m
A leading analyst has forecast that full year pre-tax profit at Cineworld will be up 17% to £45.5m, driven by the acquisition of Picturehouse and a 4% increase in like-for-like box office (vs. the market’s -0.3%)
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NewsF&B outperforms retail at Network Rail stations
Like-for-like sales at pubs and bars at the stations grew 13.9%, with growth of 14.1% in dining outlets
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NewsLa Tasca reports strong January
La Tasca, the Simon Wilkinson-led chain, has reported a strong January trading performance, with sales up 14% versus a 2.4% increase in 2013, helped by a “cracking” New Year
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NewsBill's FY EBITDA more than doubles
Bill’s Restaurants saw EBITDA (pre-opening costs) grow 125.5% to £3.7m in the year to 28 July 2013 on the back of like-for-like sales growth of 9.2% and new openings, which helped lift turnover by 175.6% to £27.6m
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Analysis & Insight
Hospitality jobs increased in Q3 2013
The number of jobs in the hospitality industry increased in the third quarter of 2013, data published by the Office for National Statistics shows
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NewsLe Pain FY PBT grows 37%
Le Pain Quotidien, the all-day bakery and cafe concept, grew pre-tax profits by 37.2% to £802,887 in 2013, on turnover up 4% to £30.8m, as its estate grew from 22 to 24 stores
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NewsCarlsberg UK 'slightly down' in 2013
Carlsberg says the UK market was “marginally down” in 2013, although it continued to strengthen its market share in the on-trade, as it predicted a slight decline in beer markets across Western Europe in 2014
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News
Coca Cola Company FY volumes rise, net revenues dip
The Coca Cola Company has reported a 2% growth in volumes in 2013, with growth slipping to 1% in Q4, although full-year net revenues fell 2%