Finance – Page 202
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NewsJust Eat H1 EBITDA up 62%
Just Eat saw revenue for the six months to the end of June increase 54% to £107.8m, while underlying EBITDA rose 62% to £25.8m
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NewsJack: TRG poised to accelerate growth
Leading analyst Doug Jack at Numis believes The Restaurant Group (TRG) can accelerate its growth in 2015E
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NewsNewRiver lines up c£50m Punch package
Punch Taverns is in talks to sell the c150-strong package of pubs it placed on the market earlier this year to NewRiver Retail
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NewsTossed crowdfunding up to 50%, closes on City site
Tossed, the healthy food to go concept, has raised more than half of the £750,000 it is seeking through crowdfunding.
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NewsFulham Shore brands to become prime targets for PE
Leading analyst Myles McNulty at Allenby Capital has said that Fulham Shore’s two current brand will eventually become prime targets for “PE predators”
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Brakes eyes £2.5bn IPO
Brakes is the latest private equity-backed business to examine a stock market listing, which could see it valued at up to £2.5bn
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NewsPizza Hut EBITDA up 5% to £15.73m
Pizza Hut UK, the Rutland Capital backed restaurant group, has announced profits of £3.34m for the year to 30 November 2014 - up from £1.69m in 2013
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NewsHeartstone Inns secures £8m of new funding
Heartstone Inns has secured a new £8m refinancing deal with HSBC which provides the company with £5m of development finance
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NewsRosa’s to consider options
Rosa’s, the London-based Thai cafe concept, is set to review its future funding options near the end of this year
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Collyer: Eating out sector in ‘sweet spot’ for growth
Pubs and restaurants are in the “sweet spot” for future growth, with value conscious consumers increasingly favouring affordable treats, according to Deutsche Bank analyst Geof Collyer.
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NewsDeliveroo raises further £45m
Deliveroo, the online food delivery platform, has raised a further $70m (£45m) of new funding to accelerate expansion
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Half Full Beer co acquires Ilkley Brewery
Yorkshire brewery Half Full Beer Co has acquired Ilkley Brewery in West Yorkshire for an undisclosed sum
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Jack: Expect a tough Q3 for Enterprise
Leading analyst Doug Jack at Numis has said that he expects like-for-like net income at Enterprise to be flat in Q3 due to tough World Cup-related comps
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NewsFunding platform for SMEs launched
The hospitality sector is one of the biggest users of alternative fundraising for operators looking to grow their businesses, according to the founders of newly launched online finance platform Fundbird
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NewsDomino’s H1 lfls up 10.3%
Domino’s Pizza Group has this morning reported a 14% increase in system sales to £426.7m for the 26 weeks ended 28 June 2015
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NewsPizza Hut owner set to consider options
Rutland Partners, the private equity owner of Pizza Hut UK, will begin the process of considering its options for the chain later this year
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Square Pie hits 33% mark in crowdfunding push
Square Pie, the gourmet pie shop chain, has raised a third of its crowdfunding target in the first two weeks of its Crowdcube campaign.
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NewsFY turnover at Wahaca up to £35m
Wahaca saw turnover in its most recent financial year to the end of June 2015, climb from £28.2m to c£35m
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Batram: Focus shifted to costs at M&B
Leading analyst Nick Batram at Peel Hunt expects Mitchells & Butlers (M&B) to report solid top-line progress
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NewsBrewDog raises £7.3m in three months crowdfunding
Brewdog has raised £7.3m of a targeted £25m three months into its latest crowdfunding push.