Finance – Page 218
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News
Whitbread fuels Cost demerger talk with franchisee deal
Whitbread has reignited speculation over an eventual £3bn demerger of its Costa coffee shops after buying back one of the fast-growing chain’s biggest franchisees
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News
Analyst corner: Brumby on the MRO option – investment & franchises
Mark Brumby at Langton Capital looks at the House of Lords rejecting amendment proposing pubcos investing ‘significantly’ in their estates should be excused MRO option
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News
Coal reports January uptick
Coal Grill & Bar, the restaurant group operated by Charterhouse Leisure, saw like-for-like sales up by 5.1% in January across its estate
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News
Johnson eyes stake in The Diner
Risk Capital Partners, the Luke Johnson-led investment vehicle, is in talks to acquire a stake in The Diner
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News
JDW, Green King and Marston's outperform M&B
The M&C20 was broadly unchanged this week, rising 0.2% to 1,304 points while the All-Share had a worse week, falling 0.7% to 1,058 points
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News
Fuller’s festive lfls up 15% over two years
Fuller’s chief executive Simon Emeny has told M&C Report that the company has enjoyed two bumper Christmases, which saw like-for-like sales rise 15% over the period.
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News
Brumby on Fuller’s and M&B: London trading buoyant
Mark Brumby, of Langton Capital, has given his verdict on trading updates this week from Fuller’s and Mitchells & Butlers.
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News
French: MRO could create pubco giants
Leading leisure analyst Simon French of Cenkos has predicted that the pubs code will result in the formation of one or two large property companies with 10,000-plus pubs each.
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News
Consumer confidence indices up for January
Consumer confidence rose by five points in January with all five measures used to calculate the score rising on the GfK UK Consumer Confidence Index
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News
Fuller’s lfls up 6.8% in managed and 4% in tenanted
Fuller’s, the brewer and pub operator , has reported like-for-like sales up 6.8% for 43 weeks to 24 January in managed pubs and hotels and 4% in tenanted with beer and cider volumes up 4%.
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News
Jack: Expect positive lfls from ETI
Leading analysts Douglas Jack, of Numis, has said he expects Enterprise Inns to report positive like-for-like income when its releases its AGM statement on 5 February.
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News
Abokado achieves sales record
Abokado saw like-for-like sales running in the mid-teens in both December and January across its 23-strong estate,
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News
Analysts: M&B performance reflects wider sector trends
Analysts have responded to Mitchells & Butlers results this morning, saying that strong festive sales indicate that the rest of the trading period was flat.
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News
Coal Grill & Bar reports fesitve lfls up 6%
Coal Grill & Bar, the restaurant group operated by Charterhouse Leisure, saw like-for-like sales up by 6% in December across its estate, John Gates told M&C Report as the group prepares to open its 10th site in Swindon today
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News
M&B lfls up 4.8% over Christmas
Managed pub operator Mitchells & Butlers have reported like-for-like sales up 4.8% for the festive fortnight and 7.1% on Christmas Day, when more than 200,000 meals were sold.
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News
Growth returns for AG Barr in Q4
AG Barr, the soft drinks producer, has reported an improved performance in its final quarter to 25 January reporting growth of over 5%.
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News
Discretionary spending hits three-year high
Discretionary spending hit a three-year high in the final quarter of 2014, as falling inflation and an improving labour market started to put more money in consumers’ pockets, according to the latest Deloitte Consumer Tracker.
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News
Analysts: Marston’s remains in positive territory
Analysts have responded to Marston’s trading update this morning, with Douglas Jack, of Numis, reiterating his Buy recommendation.
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Opinion
Winners and losers of M&C20 in 2014
Analyst Will Brumby, of Langton Capital, looks back over the past year of the M&C20 index and highlights Domino’s and Patisserie Valerie among the big winners and Punch and Enterprise among the losers
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News
Pizza Rossa exceeds crowdfunding target
Pizza Rossa, the artisanal pizza-by-the-square-slice concept with two City branches, has reached and exceeded its fundraising target