Finance – Page 303
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NewsRollo: Weather to hit Whitbread restaurants
A leading analyst has said that he expects Costa to have seen strong trading (+3%) helped by the poor weather, when it gives its Q1 trading update on 18 June.
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NewsJamie Rollo on Spirit Pub Company
Jamie Rollo at Morgan Stanley takes a look ahead to the Q3 update from Spirit Pub Company.
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Britvic to combine GB and Ireland business
Britvic has announced plans to create a combined Great Britain and Ireland business under a single leadership team, which will see the closure of two factories in Britain and a warehouse in Northern Ireland.
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Analyst positive on SABMiller
Leading analyst Anthony Geard has reiterated his Hold recommendation for SABMiller, the global brewer, following its full-year results this week, saying the “overall feel” of its results is “very solid” despite falling marginally short of his estimates. Geard, of Investec, increased his Target Price to “reflect some FX moves and ...
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NewsYoung's: rebrand, bonuses, expansion, events
M&C Report takes a closer look at the full-year results to 1 April for Young’s, and speaks to chief executive Stephen Goodyear.
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Marston's agrees £70m sale and leaseback deal
Marston’s, the brewer and pub operator, has sold a package of 27 newbuild pubs to Legal & General Property in a sale and leaseback deal worth just under £70m.
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French upgrades JDW and TRG
Leading sector analyst Simon French has issued Buy recommendations for The Restaurant Group (TRG) and JD Wetherspoon has upgraded his Target Price for both.French, of Panmure Gordon, said: “Highlighting the theme that the market appears increasingly content to look through static valuation metrics and continues to re-rate resilient consumer franchises ...