Finance – Page 162
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News
Bridgepoint ‘appoints bankers’ for proposed Pret IPO
Bridgepoint has appointed bankers to prepare a US listing for Pret A Manger, according to reports.
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News
CMA sets new deadline for Punch/Heineken investigation
The Competition and Markets Authority has set a new deadline for the first phase of its investigation into the proposed takeover of Punch.
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News
Analyst corner: Four key challenges for Greene King
Leading analyst Simon French, of Cenkos, has said he sees little scope for progress at Greene King in the short-term.
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Analysis & Insight
Consumers continue to spend on “experience economy”
Consumers spent 5.5% more year-on-year in April as a late Easter and inflation drove noticeable uplifts
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Analysis & Insight
Hospitality sector spending up in April
Rising inflation and wage stagnation caused a slowdown in UK household spending growth to 0.5% year-on-year in April
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News
Cote delivers strong lfl growth
Alex Scrimgeour, chief executive of Cote, has told MCA that the company has managed to deliver strong LFL growth
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News
FY sales up 13.2% at St Austell
St Austell Brewery has reported a 13.2% increase in annual turnover to £153.2m
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NewsPE & trade bidders circle Be At One
A mixture of private equity groups and trade buyers are currently in the running to acquire Be At One
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News
Shake Shack shares recover after overnight slump
Shake Shack shares rallied at the opening of trading in New York this morning after an overnight slump in reaction to an unexpected sales decline.
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News
Oakman seeks £2.5m investment
Oakman Inns is seeking to raise £2.5m through crowdfunding platform Downing Crowd to fund the total renovation of its newly acquired Royal Foresters pub site in Berkshire.
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News
Bel & the Dragon sales process ended
Longshot has taken Bel & The Dragon, its seven-strong, premium country inn business, off the market
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News
FY EBITDA down 23% at TLG
Thai Leisure Group has reported a 23% decline in company EBITDA to £3m for the year to 31 July 2016
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News
Punch H1 lfl net income down 1.2%
Punch has announced its interim results for the 28 weeks to 4 March 2017, which showed that like-for-like net-income declined 1.2%
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News
Santo Remedio plans to re-open as it launches crowdfund bid
Santo Remedio is to re-open pending the success of its new crowdfunding campaign and guest chef series
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News
Escape Hunt begins trading on AIM
Escape Hunt has become the first “escape room” company to list on the London Stock Exchange
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News
Q2 sales down across Starbucks EMEA
Starbucks has reported a 1% decline in like-for-like sales in its second quarter across its EMEA division
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News
Genuine Dining Co acquires Feng Sushi
The Genuine Dining Co has acquired Feng Sushi, the London-based Japanese sushi restaurant and delivery company
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NewsPret FY sales up 15%
Pret A Manger, the Bridgepoint-backed chain, saw sales rise 15% to £776.2m in the year to 29 December with like-for-like sales growing 4.8%. EBITDA grew 11% to £93.2m.
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News
McDonald’s to offer UK staff fixed contracts
McDonald’s UK yesterday announced that it would offer its UK workforce a choice between a flexible contract and a new guaranteed hours’ contract
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News
Soho House agrees refinancing
Soho House has signed an agreement with Permira Debt Managers to refinance its existing debt and support its future growth