All Finance articles – Page 24
-
NewsNando’s drives profits after central costs restructure
Nando’s UK business has reported revenues up 7.9% to £779.4m for the full year to 24 February 2019.
-
NewsAnalysts’ verdict: JP Morgan and Goodbody on Wagamama
Wagamama’s second quarter trading update may have revealed its lowest like-for-like growth rate since Q4 2016, but according to analysts at JP Morgan this is missing the point.
-
OpinionAnalysts verdict: Berenberg on Domino’s
Despite improvement in its share price since its Q3 update last month, major challenges still remain for Domino’s Pizza, according to analysts Berenberg.
-
NewsJust Eat urges shareholders to reject Prosus offer
Just Eat has told its shareholders a hostile takeover bid from Prosus of 710p per share “significantly undervalues” the company.
-
NewsBababoom passes £400k crowdfund target
Bababoom, the contemporary kebab restaurant, has passed its crowdfunding target of £400,000, and will keep the raise open.
-
NewsWagamama continues positive streak with 6.3% lfls growth
Wagamama has reported UK like for like sales growth of 6.3% for the 22-week period to September 29 2019.
-
OpinionJP Morgan, Goodbody and Morgan Stanley on Mitchells & Butlers
Leading analysts share their views on Mitchells & Butlers (M&B) full year financial results, and how they stack up against forecasts.
-
NewsSoul Food Enterprises sold in pre-pack
Soul Food Enterprises, the operator of Harlem Soul and Stax Diner, and its subsidiary Butterscotch bakery, have been sold in a pre-pack administration, MCA understands.
-
News‘Businesses as usual’ at EIG ahead of Stonegate takeover
Ei Group has announced underlying EBITDA down 3.8% to £276m, following the disposal of 354 commercial property assets for £340.6m.
-
NewsChilango in restructuring talks with RSM
Burrito brand Chilango is in talks with RSM over a potential restructuring, City A.M. reports.
-
OpinionAnalysts’ verdict: JD Wetherspoon
Analysts at JP Morgan Cazenove and Goodbody share their reactions to the latest trading update from JD Wetherspoon and how it’s impacted their forecasts.
-
NewsTakeaway.com forced to clarify comments on Just Eat bid
Takeaway.com has been forced to clarify comments made by its chief executive Jitse Groen, in which he reportedly told a press conference in Barcelona that he had no plans to improve the offer for Just Eat.
-
NewsChestnut to launch further fundraise; undergoing rebrand
Chestnut Group is about to launch another fundraise as it looks make acquisitions in the next six to 12 months that could boost its revenues by 35-40%, MCA can reveal.
-
NewsPizza Express bondholders’ warning over brand’s future
Pizza Express bondholders have urged the restaurant chain’s senior management and Chinese owners to move quickly to restructure the group’s debt-laden balance sheet or risk its future, the Financial Times reports.
-
NewsMcMullen sees overall growth of 7% in latest financial year
McMullen & Sons has achieved total revenue growth of around 7.5% for the financial year ended September 2019, MCA can reveal.
-
NewsBababoom launches fundraise for 20-strong rollout plan
Kebab restaurant concept Bababoom is launching a fundraising drive to support its target of reaching 20 sites by 2024, MCA can reveal.
-
NewsSoho House UK reveals £18m losses
Soho House UK, the Richard Caring-backed business, made a loss of £18.1m in 2018, new accounts show.
-
NewsSacha Lord-backed bagel concept liquidated
Eat New York, the bagel shop concept backed by Manchester nighttime czar Sacha Lord, has been liquidated, MCA understands.
-
NewsSouth American-inspired Tupi wound up
South American-inspired restaurant business Tupi has been liquidated, MCA understands.
-
NewsBrewdog launches new bond
Brewdog has teamed up with Crowdcube again to launch a new Brewdog bond, which will launch later this month.