Finance – Page 276
-
NewsCollyer and Ellis raise Whitbread TPs
Leading analysts have given their views on Whitbread following its Q3 interim management statement yesterday
-
News
Coal secures new funding for growth
Coal Grill & Bar has secured a further tranche of funding from existing investors as it looks to add up to 13 sites to existing estate over the next three years.
-
News
McDonald’s November sales increase 0.5%
McDonald’s, the fast food behemoth, has reported a 0.5% increase in global comparable sales in November, aided by a 1.9% rise in sales across its European operations
-
NewsWhitbread lfls grow 4.3%
Whitbread, the leisure group, has reported a 4.3% rise in like-for-like sales in the 13 weeks to 28 November, led by Premier Inn and Costa which saw like-for-likes grow 5.4% and 4.9% respectively -
NewsLoungers eyes Cosy Club roll out as H1 lfls grow 6%
Loungers, the Piper-backed cafe bar operator, is looking to expand its Cosy Club concept into Manchester, Bristol and Southampton as it reports a 6% rise in like-for-like sales in the 26 weeks to the end of October
-
News
City Pub Co set to close latest fundraising round
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, is set to close its latest round of fundraising this week, which will see it raise £10m in 10 days, M&C Report understands.
-
News
Honest Burger secures expansion fund
Honest Burgers, the London-based concept led by ex-Bill’s operations director Dorian Waite, has secured a new funding package from Santander to aid its expansion plans in the capital
-
NewsFrench: Concerned over Costa slowdown
A leading analyst has said he remains concerned over a potential slowdown in UK like-for-like equity store sales at Costa
-
News
FY PBT up at ETM Group
ETM Group, the London-based operator led by Tom and Ed Martin, reported a rise in pre-tax profit from £387.5k to £850.3k for the year to 28 February 2013.
-
NewsAnalyst corner
Shares in Domino’s Pizza Group fell as much as 10% after the announcement this morning that Lance Batchelor was resigning as chief executive
-
NewsEquity market slide brings down M&C20
The M&C20 suffered its second biggest decline this week – down 2.5% to 1,128; but that was in the context of a pretty miserable seven days for the general equities market, with the FTSE All-Share Index off 2.1% to 1,014
-
News
Wimpy PBT falls 25.7%, eyes further consolidation
Wimpy Restaurant Group, the operator of the hamburger chain in the UK, says it’s undergoing a process of consolidation as it reports a 25.7% fall in pre-tax profits to £606,660 in the year to 28 February
-
News
AG Barr revenues grow 8%
AG Barr, the soft drinks company, has reported an 8% rise in revenue in the 18 weeks to 1 December on volumes up 6.4%, and said it has outperformed the market in the year to date
-
NewsCamerons acquires Head of Steam group
Camerons Brewery, the Hartlepool-based brewer and pub operator, has acquired the seven-strong Head of Steam group, as it looks to triple its now c75-strong estate over the next three years
-
NewsOakman raises £5.5m for expansion; names new FD
Oakman Inns & Restaurants, the Peter Borg-Neal-led group, has raised £5.5m for further expansion and announced the appointment of Joseph Evans, currently financial controller of Whitbread Hotel and Restaurant Division, as its new finance director
-
News
Pubco code 'uncertainty' hits Vianet
Profits for Vianet, the beer flow monitoring company, declined in the six months to 30 September as a “direct result” of factors including continuing pub disposals and fewer iDraught installations due to the “uncertainty” around Government intervention via the proposed Statutory Code
-
News
Leslau vehicle reports uplift in ETI portfolio
Max Property Group which acquired 29 Enterprise Inns in a £44.4m sale-and-leaseback deal in January 2011, has reported a 6.6% uplift in the value of the portfolio for the six months to the end of September 2013
-
NewsMarston’s accelerating towards managed pub operator status
A leading analyst has said that the recent full-year results from Marston’s provided further evidence of the company accelerating the transformation process to become a predominately managed pub operator
-
NewsPing Pong grows sales and profitability
Ping Pong, the dim sum chain, has grown like-for-like sales and profitability since September after a “mixed performance” in the five months before then, chief executive Art Sagiryan has told M&C Report
-
NewsGreene King Retail lfls grow 3.5%
Greene King, the brewer and pub operator, has reported a 3.5% rise in like-for-like sales in the 24 weeks to 13 October and said it’s planning a further 90 acquisitions for its managed Retail estate over the next 18 months