All Results articles – Page 57
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News
Shaftesbury reports 'unprecedented' demand from F&B operators
Shaftesbury says there has been an “unprecedented demand” in its properties from for food and beverage operators, which now account for one third of its income
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News
Jack issues Hold for Punch after Q1 IMS
Leading analyst Douglas Jack has issued a Hold recommendation for Punch Taverns following its Q1 trading update this morning, saying he expects that the valuation gap to its peers should narrow on successful bond restructuring
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NewsPunch posts 1.4% rise in lfl core estate net income
Punch Taverns, the tenanted and leased pub operator, has reported a 1.4% rise in like-for-like net income in its core estate in the 12 weeks to 9 November, and maintained its view that it intends to announce restructuring proposals in December
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NewsFY PBT doubles at Nando’s Group
Nando’s Group, the operator of the eponymous peri peri chicken chain and Gourmet Burger Kitchen (GBK), saw pre-tax profit more than double in the year to 24 February 2013, up from £14.7m to £33.4m, while turnover increased from £419.6m to £485.2m
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News
FY revenue up 4.4% at Britvic
Britvic grew its full year revenue by 4.4% to £1.32bn for the 52 weeks ended 29 September 2013 and saw pre-tax profit increase by 29.1% to £108.1m
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NewsM&B FY lfls grow 0.4%
Mitchells & Butlers (M&B), the managed operator, has reported a 0.4% rise in like-for-like sales in the year to 28 September as pre-tax profit grew from £82m to £150m
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NewsFuller's: Developments, acquisitions, Brewer Street, Frontier
M&C Report takes a closer look at the H1 results for Fuller’s for the 26 weeks to 28 September and talks to Simon Emeny, who became chief executive on 1 July
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NewsFY lfls up 19% at Abokado
Abokado, the London-based chain of healthy food bars led by Mark Lilley, has reported a 19% rise in like-for-like sales for the year to 31 March 2013, during a period in which it opened four new sites
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News
Young's: Rooms, acquisitions, transfers, investments
M&C Report takes a closer look at the results for Young’s, the London-based pub operator, for the 26 weeks to 30 September and speaks to chief executive Stephen Goodyear and retail director Patrick Dardis
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NewsYoung's H1 lfl revenue grows 5.6%
Young’s, the London-based pub operator, has reported a 5.6% rise in like-for-like revenue in the 26 weeks to 30 September against “strong comparatives” in the corresponding period last year
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NewsH1 volume sales up 5% at Miller Brands UK
SABMiller has announced that its UK subsidiary, Miller Brands UK (MBUK), grew domestic lager volume sales by 5% in the six months to 30 September 2013
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News
Admiral EBITDA up 7.1%
Admiral Taverns has reported a 7.1% rise in underlying EBITDA to £10.4m in the 23 weeks since its c£200m acquisition by US private equity group Cerberus
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NewsFY net income down 2.9% at ETI
Enterprise Inns has this morning reported a 2.9% decline in like-for-like net income for the year to 30 September, but said that it had witness an improving trend in the final quarter of the year, with like-for-like net income growth of 0.6%
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Opinion
JW Lees PBT grows 23.1%
JW Lees, the Manchester-based brewer and pub operator, saw pre-tax profits grow 23.1% to £5.9m in the year to 31 March and it reiterated plans to expand after securing a £10m facility from the Royal Bank of Scotland
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NewsRollo expects solid Q3 from Whitbread
A leading analyst said he expects Whitbread to report solid like sales growth of 3%, in line with H1 when it updates the market on 10 December, but that growth across its restaurants will be flat due it being underrepresented in London
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News
French: Good growth expected for Fuller’s in Q3
A leading analyst has said he expects Fuller’s to report a period of good progress with c7% growth in earnings to £18.3m PBT when it announces its H1 results for the 26 weeks to 28 September on 22 November
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News
JW Lees targets £100m turnover
JW Lees, the Manchester-based brewer and pub operator, has said that it is targeting sales of £100m within five years
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NewsTRG lfls up 3.5%, in line with expectations
The Restaurant Group (TRG), the operator of Chiquito and Frankie & Benny’s, has said that its like-for-like sales were ahead 3.5% in the 45 weeks to 10 November and in line with its expectations
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News
GBK swings into profit
Gourmet Burger Kitchen (GBK) reported a pre-tax profit of £160k for the year to 24 February 2013, against a £685k loss the previous 12 months and said that this positive momentum had continued into its current financial year
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News
Good Q3 lifts Carlsberg in UK
Carlsberg has reported that the UK market fell c1% in the nine months top 30 September, although it was “positively impacted by favourable weather” in Q3