All Results articles – Page 9
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NewsEiG: 2020 is ‘just a line in the sand’
Ei Group chief executive Simon Townsend has told MCA that 2020 is merely a ‘line in the sand’ in terms of its strategy and he expects the managed pub estate to continue growing at up to 125 pubs a year well into the next decade.
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NewsMarston’s reports ‘solid’ start to FY19
Marston’s has reported a ‘solid’ performance in the seven weeks since 29 September, with growth in pub like-for-like sales (lfls) and own and licensed beer volumes.
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NewsNewRiver sees £1.7m synergies from Hawthorn in H1
NewRiver says it has unlocked £1.7m of the expected £3m synergies from the acquisition of Hawthorn Leisure.
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NewsSmith to replace Swann as SSP global CEO
SSP Group has announced that Kate Swann is to step down from her role as group chief executive next May, to be replaced by current UK & Ireland chief executive, Simon Smith.
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NewsCompass Group sees FY boost from UK contract wins
Compass Group, the concessions operator and contract caterer, has said a new contract win with financial services group ING in the UK helped to accelerate organic growth in Europe in the year to 30 September.
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NewsEiG managed lfls up 7.1%; ‘considerable interest’ in commercial property arm
Ei Group (EiG) has reported like-for-like (lfl) sales up 7.1% in its 308-strong managed division for the year to 30 September.
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NewsEagle Eye expands into QSR with Burger King contract
Eagle Eye, the digital loyalty company, has signed a three-year deal with the Bridgepoint-backed Burger King UK – its first quick service restaurant (QSR) customer.
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OpinionYoung’s: Levers for growth; bolt-on acquisitions and cannabis cocktails
Young’s chief executive Patrick Dardis spoke to MCA after yesterday’s H1 trading update. He discussed further levers for growth, why Young’s has turned down several pub groups on the market, his anger with politicians, why he doesn’t pay attention to what his peers are doing and why cannabis-infused mocktails may be the next big trend.
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NewsAzzurri FY sales up 8.5%
Azzurri Group chief executive Steve Holmes has told MCA that the group is primed to capitalise on the good property deals he expects will result from the contraction in the casual dining market.
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NewsJDW Q1 lfls up 5.5%
JD Wetherspoon has reported a 5.5% rise in like-for-like sales in the 13 weeks to 28 October.
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Fulham Shore reports on “successful” H1
Fulham Shore has given a sparse update on the six months to 23 September ahead of the full interim results announcement next month.
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NewsJust Eat records first ever million-order weekend
Online delivery platform Just Eat saw group orders grow 16% to 30.3 million in the third quarter to 30 September.
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NewsGBK lfls fell 9.7% in H1; Wimpy revenue up 13.6%
Gourmet Burger Kitchen (GBK) saw like-for-like (lfl) sales fall by 9.7%, compared to a 3.2% seen in 2017, in the 26 weeks to 26 August 2018.
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NewsFood sales drive growth at Debenhams; plans for pop-ups
Debenhams has “held share, and driven” c10% sales growth in food, for the 52 weeks to 1 September 2018, with both owned and concessioned formats performing well.
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NewsAB InBev reported revenues up 4.5% in Q3
AB InBev has reported 4.5% revenue growth in Q3 2018, with sales up 4.6% over the first nine months of the 2018/19 year.
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NewsC&C revenues up 186% after Matthew Clark/Bibendum acquisition
C&G Group has reported total sales of €838.7m, and adjusted EBITDA of €66.2m, in six months to 31 August 2018.
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NewsMcDonald’s expands McDelivery to almost 700 restaurants
McDonald’s has extended its McDelivery service to nearly 700 restaurants – up from around 450 this summer – through its partnership with UberEats.
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NewsEagle Eye achieves 33% FY revenue increase
Eagle Eye Solutions Group reported total revenue of £14.8m for the year ended 30 June 2018, up 33% on the previous year (£11.1m).
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NewsRedcomb sees 11% increase in FY turnover
Redcomb Pubs Limited has reported an 11% increase in turnover for the year to 30 June 2018, from £15.2m to £16.8m.
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D&D lfls up 4% YTD
D&D London has seen like-for-like sales rise 4% in the year to date, with the current financial year “a different story” for the business.