All Results articles – Page 51
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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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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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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%
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FY profit up 8% at Heavitree
Heavitree, the Devon-based tenanted pub operator, has reported a small decline in turnover for the year to 31 October 2013, due to a loss in rental income from two houses that were closed and then sold during the year
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NewsBK reports 1.7% rise in Q4 sales
Burger King, the fast-food chain, has reported a 1.7% rise in quarterly global sales with very strong results in Asia
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Molson Coors reports improved UK performance
Improved performance in the UK, Romania, Hungary and the Czech Republic helped Molson Coors grow volumes in Europe by 1.5% in 2013
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News
Pernod Ricard H1 Europe sales grow 4%
Strong growth in Europe for Pernod Ricard helped mitigate the impact of sharply falling sales in China in the first half of its financial year, as overall performance for the wine and spirits business improved in Q2
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Analysis & Insight
Sector lfls grow 7.2% in January
Like-for-like sales across 27 leading pub, restaurant and bar groups grew 7.2% in January, as the trade benefited from favourable comparatives against the snow-hit first month of 2013
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NewsHeineken UK FY beer volumes dip
Heineken saw UK beer volumes decline by a “low-single digit” figure in 2013, with the market “impacted by a fragile economic environment”
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NewsLoungers FY sales to top £33m
Sales at Loungers, the Piper-backed cafe bar operator, for the year to the end of April are projected to be in excess of £33m, over 50% up on the previous 12 months, M&C Report has learnt
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Compass: Starting to see signs of stabilisation
Compass has said that whilst economic conditions in Europe continue to be difficult and overall organic revenue in its first quarter remained negative across the region, it is starting to see some signs of stabilisation
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NewsYum! UK system sales growth accelerates
Yum! Brands, the owner of the KFC, Pizza Hut and Taco Bell fast-food chains, saw system sales growth in the UK accelerate to 3% in Q4 2013, leaving growth of 1% in the year to 28 December
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News
Chapman Group PBT falls on higher admin costs
Chapman Group, the West Sussex-based pub, restaurant and hotel operator, saw pre-tax profits more than halve in the year to 31 March 2013 after administrative costs grew by 10.6% to £5.3m