All Results articles – Page 49
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NewsZolfo Cooper Profit Tracker - the results
M&C Report, in partnership with Zolfo Cooper, the leading financial advisory firm, has created the Profit Tracker to chart the growth of the most successful privately-owned operators within the vibrant pub, restaurant and quick-service sector
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OpinionQ1 trading overview
M&C Report talks to major pub, bar and restaurant groups about trading in the first quarter of 2014. The consensus is that Q1 was as good as or better than expected, and operators are largely optimistic about the year ahead
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NewsCharterhouse targets expansion as FY EBITDA grows 13.2%
Charterhouse Leisure, operator of the Coal Grill & Bar brand, has reported a 13.2% rise in company EBITDA to £727,000 for the year to the end of February and said it plans to grow from six to about 24 sites over the next three years
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NewsTGI Friday’s UK FY lfls rise 3.6%
TGI Friday’s UK has reported a 3.6% rise in like-for-like sales in the 52 weeks to 29 December 2013 and said its most recent openings are performing “in excess of expectations”
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NewsHarry Ramsden’s Q1 lfls up 6.2%; reports franchise progress
Harry Ramsden’s, the iconic fish & chip shop group, has reported a 6.2% rise in like-for-like sales in the first quarter of this calendar year, and said it now has franchise agreements in place for 100 new outlets within five years
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NewsOrchid to expand All Inns after division's lfls rise 23%
Orchid Group has reported a 23% rise in like-for-like sales at its All Inns family-friendly pub sites in the 12 months since the first conversions to the format, and revealed that a further 26 outlets are to join the division, adding to current 16
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NewsPrezzo FY EBITDA up 13%; plans 25-30 openings this year
Prezzo, the Jonathan Kaye-led restaurant group, has reported a 13% rise in adjusted EBITDA to £28.9m in the year to 29 December on revenue up 15% to £166.5m, and said it planned to open 25-30 new sites by the end of this year
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NewsEAT to complete refurbs early; eyes acquisitions
EAT, the Lyceum Capital-backed chain, is due to complete its store refurbishment programme six months ahead of schedule in December and will target acquisitions from the start of 2015, chief executive Adrian Johnson has told M&C Report
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News
PRS income from pubs and clubs grows 2.1%
Revenue from pubs and clubs for PRS for Music, the music royalties collection agency, returned to growth in 2013, increasing 2.1% to £38.5m
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Booker lfls rise 1.9%
Booker, the food and drink wholesaler, has reported a 1.9% rise in like-for-like sales (excluding the Makro business) in the 12 weeks to 28 March
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NewsDomino's UK lfls grow 10.8%
Domino’s Pizza Group has reported a 10.8% rise in like-for-like sales at its 725 mature UK stores in the 13 weeks to 30 March, with system sales rising by 14.8% to £188.5m, as it says the search for a new chief executive is “well advanced”.
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TGI Friday’s sales flat in 2013
Carlson, the US-based parent company of TGI Friday’s, has reported that sales across the restaurant brand were flat in 2013 compared to the previous year.
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NewsTasty reports rise in FY PBT
Tasty has reported a 12% rise in pre-tax profits from £1.55m to £1.74m for year to 29 December 2013, with revenue up 20% to £23.2m
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NewsNovus parent reports improving picture after lfl decline
The parent company of Novus Leisure, the London-based premium bar and restaurant group, has reported a 3.1% fall in like-for-like sales at uninvested sites in the 48 weeks since its incorporation (to 30 June 2013), but with an improving picture since the period end
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NewsRevolution operator grows H1 EBITDA 41%
New Inventive Bar Company, the Revolution bar operator formerly known as Inventive Leisure, saw EBITDA grow 41% to £6.7m in the six months to 31 December 2013
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NewsJack: Expect Domino’s Q1 performance to be strong
A leading analyst has said that he expects next Wednesday’s Q1 IMS from Domino’s Pizza Group to be strong and while like-for-like sales will have slowed from 14.6%, they will still remain impressive
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NewsFY PBT up at Adnams
Adnams, the Suffolk-based brewer, pub operator and distiller, has reported a rise in pre-tax profit from £3.2m to £4.1m for the year to the end of 2013, while turnover increased 6.3% to £60.5m.
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NewsEclectic EBITDA grows 13%; acquires food-led bar brand
Eclectic, the bar group led by Reuben Harley, has reported a 13% rise in pre-adjusted EBITDA to £1.7m in the six months to December 2013, and also announced the acquisition the Lowlander Bar and Brasserie in London’s Covent Garden, together with the Lowlander brand, which it hopes to rollout nationally
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News
AG Barr grows FY PBT 9.6%
AG Barr, the soft drinks group whose brands include Irn-Bru and Strathmore water, has reported a 9.6% rise in profit before tax and exceptionals to £38.1m in the 12 months to 26 January, a period it described as one of “significant progress” at the company
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NewsDomino's Poland grows FY lfls
Domino’s Pizza Poland has reported a 43% rise in like-for-like sales at its first 13 sites in the country in 2013, which the company described as a period of “substantial progress” for the group