Finance – Page 181
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News
Better Capital hails “strong year” for Intertain
Better Capital has reported a “strong year” for Walkabout operator Intertain under its ownership.
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News
Dining Club Group acquires Hi-Life
The Dining Club Group has acquired Irish competitor the Hi-Life Group.
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News
Caffe Nero acquires Harris + Hoole
Caffè Nero has announced it has acquired the Harris & Hoole coffee business from Tesco
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News
Boparan to invest c£10m on Cinnamon Collection expansion
Boparan is to invest in excess of £10m towards opening new restaurants under its Cinnamon Kitchen and Cinnamon Soho concepts
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NewsComptoir begins trading on AIM
Comptoir Group has this morning announced its admission to trading on AIM, with a market capitalisation of £48m
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News
Electra board members step down
Electra Private Equity, the backer of TGI Friday’s, has announced the resignations of two directors from the board.
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News
Majestic reports first positive FY lfls in four years
Majestic Wines has reported its first positive like-for-like sales performance in four years.
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News
Wasabi sees FY EBITDA fall 44%
Sushi and bento chain wasabi has recorded a 44% fall in EBITDA in the year to 2 January, despite revenue rising 14.3% to £72.7m.
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News
Analyst corner: Rollo on GK and M&B
Morgan Stanley leisure analyst Jamie Rollo looks at the divergent share performance of Greene King and M&B
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News
Crussh backer acquires Dobbies from Tesco
An investor group led by the backers of Crussh, Hattington Capital, has acquired Dobbies Garden Centres from Tesco for £217m.
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News
Patty & Bun gains investment and sixth site
Patty & Bun, the fledgling burger concept, has secured a further site in central London and £2m in growth funding
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News
Hollywood Bowl Group plans IPO
the Hollywood Bowl Group has this morning unveiled plans for a stock market flotation
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News
Iconic Cardiff bar investment sold or £2.1m
The freehold investment of the Owain Glyndwr, an iconic pub in the centre of Cardiff, has been acquired by a private client for £2.125m
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News
WBB extends crowdfunding campaign
West Berkshire Brewery has extended its crowdfunding campaign for a second time after overfunding in its £1.5m pitch.
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News
Electra cancels revolving credit facility
Electra Private Equity, the backer of TGI Friday’s, has announced it is cancelling its existing £275m multi-currency revolving credit facility.
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Analysis & Insight
Household spending flat in May
Household spending saw the weakest increase in more than two years in May
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News
Zenith reports FY revenue up 8.4%
Zenith Hygiene Group, supplier of cleaning and hygiene products to the hospitality sector, has reported revenue for the year to 29 February up 8.4% to £53.2m.
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News
TGI Friday’s reports pre-tax loss for 2015
The parent company of TGI Friday’s UK arm recorded sales of £193.5m from its inception on 9 December 2014 to 27 December.
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News
Analysts corner: Brumby on London trading
Mark Brumby, of Langton Capital, asks whether the good times are over for operators in London:
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Analysis & Insight
Sector gives clear message on Brexit effect
With less than two weeks to go until the EU referendum, MCA conducted a snap poll of leading operators to see what impact they thought Brexit could have on the sector.