ckmtang
- 03 Feb 2004 08:30
Anyone holding this share, any comment? It recommended by few brokers.
cynic
- 12 Aug 2009 14:54
- 161 of 301
me too .... no longer sure what i think of this group, or about investing in high street stocks at all in the current climate
cynic
- 20 Aug 2009 08:43
- 164 of 301
glad i bought back into these .... chart now looking very good, figures out 28th august and i also notice that yield is 6.86% ...... obviously it presupposes that divi is held
skinny
- 28 Aug 2009 07:08
- 165 of 301
Restaurant Interim Results
TIDMRTN
RNS Number : 1528Y
Restaurant Group PLC
28 August 2009
?
The Restaurant Group plc
Interim results for the 26 weeks ending 28 June 2009
The Restaurant Group plc operates 358 restaurants and pub restaurants
predominantly in leisure locations and airports. Its primary offerings are
Frankie and Benny's (182 sites), Chiquito (60), Brunning & Price (15),
Blubeckers (29) and Garfunkel's (21).
The Group had a resilient performance in the first half of 2009:
o Revenue increased 3% to GBP210m (like-for-like -3%)
o Adjusted EBITDA increased by 3% to GBP36.3m (2008: GBP35.3m)
o Adjusted profit before tax increased by 3% to GBP21.7m (2008: GBP21.1m)
o Adjusted EPS rose 4% to 7.49p (2008: 7.20p)
o Interim dividend maintained at 1.4p per share
o Statutory profit before tax decreased by 9% to GBP20.1m (2008: GBP22.1m)
o Statutory EPS increased by 14% to 8.68p (2008: 7.60p)
*Results marked as adjusted are stated excluding non-trading items (refer to
note 2)
Performance demonstrates the resilience of TRGs business and strength of
its brands
Operations strongly cash generative; net debt reduced by GBP10m since
year end to GBP69m
Continuing new site development
o Eight new sites opened in the period
o 15-20 new sites targeted for 2009
Resilient current trading with year to date like-for-like sales for the
34 weeks to 23 August 2009, -3.5% against strong comparatives
Board is confident of another year of progress in 2009
Andrew Page, Chief Executive of The Restaurant Group plc commented as follows:
"These are good results, with sales, profits and earnings per share all
increasing. Our strategic market positioning combined with a clear focus on
value, margins, service and hospitality has enabled the Group to make further
profitable progress during 2009, despite the severe economic downturn.
In addition to delivering these strong results, our team has also successfully
opened twelve new restaurants so far this year and they are all performing well.
Although conditions remain tough, going forward we will be looking to maintain
our profitable progress."
28 August 2009
skinny
- 28 Aug 2009 08:07
- 166 of 301
Results going down well!
cynic
- 28 Aug 2009 08:34
- 167 of 301
good reminder a couple of weeks back skinny ..... another little cracker on top of PXS and GKP and a few others
skinny
- 03 Mar 2010 07:09
- 169 of 301
Preliminary Results.
The Group had a resilient 2009:
- Revenue up 5% to 436m
- Adjusted EBITDA increased by 3% to 80m
- Adjusted profit before tax increased by 2% to 50m
- Adjusted EPS rose 5% to 17.5p per share
- Second interim dividend of 6.3p per share declared and proposed final dividend of 0.3p per share giving a full year dividend of 8.0p per share, up 4%
- Statutory profit before tax increased by 2.5% to 48m
- Statutory EPS rose 15% to 18.90p
skinny
- 06 May 2010 07:45
- 170 of 301
The Restaurant Group plc
AGM Statement
At the AGM of The Restaurant Group plc ("TRG" or "the Group"), to be held later today, Alan Jackson, Chairman, will make the following statement, which comprises the Group's Interim Management Statement as required by the FSA's Disclosure and Transparency Rules:
Current trading
The Group has continued its positive start to 2010 with total sales 6% ahead of 2009 and like-for-like sales 0.5% ahead for the 18 weeks to 2 May 2010. We estimate that Group like-for-like sales would have been approximately 1.5% ahead of the comparable prior year period had it not been for the impact on our Concessions division resulting from the disruption to air travel caused by the volcanic ash from Eyjafjallajokull. Our Concessions division was in good growth until the ash cloud halted air travel and we saw five days of sales decline in excess of 90% in our airport business.
skinny
- 02 Sep 2010 08:15
- 171 of 301
Interim Results.
Record interim results despite a very challenging half year:
Statutory and adjusted results stated on a 27 week basis in 2010 compared with a 26 week basis for 2009
Note: 26 weeks comparable
- Revenue increased 9% to 229m (2009: 210m)
+5%
- Adjusted EBITDA increased by 10% to 39.8m (2009: 36.3m)
+6%
- Adjusted profit before tax increased by 13% to 24.6m (2009: 21.7m)
+10%
- Adjusted EPS rose 13% to 8.5p (2009: 7.5p)
+10%
- Statutory profit before tax was 24.8m (2009: 20.1m)
- Statutory EPS was 8.6p (2009: 8.7p)
cynic
- 05 Jan 2011 10:06
- 172 of 301
both DOM and RTN (this one) are worth keeping an eye on for the year ahead.
both have good products and are targeting solid middle-market households ..... assuredly higher "softs" will impact as will the increase in VAT, but people will still want to "treat" themselves
skinny
- 12 Jan 2011 08:22
- 173 of 301
Pre-Close Update.
Turnover for the 53 week period to 2 January 2011 was 7% ahead of 2009 (a 52 week period) and like-for-like sales were 1% below the prior year. Turnover for the final part of November and the first four weeks of December was impacted by the unusually harsh weather conditions experienced throughout the UK, although since then trading has been very strong. New openings were ahead of the previous year with 24 new restaurants opened during 2010. Trading at these new sites has been above expectations and they are expected to deliver strong returns. The Group is targeting 22 to 27 new openings during 2011.
Chris Carson
- 18 Jan 2011 21:57
- 174 of 301
This one is motoring!
cynic
- 19 Jan 2011 05:19
- 175 of 301
should have kept an eye on my own suggestions!
Chris Carson
- 19 Jan 2011 06:31
- 176 of 301
Indeed Cynic, re ur post 172, if you add Cineworld (CINE) then you hopefully have a profitable hat trick.
skinny
- 19 Jan 2011 06:47
- 177 of 301
Yum Yum :-)
HARRYCAT
- 27 May 2011 12:22
- 178 of 301
Panmure Gordon has a current price target of 350p, based on anticipated strong growth coming out of a recession and 2010 results being slightly ahead of expectations. Ex-divi date was the 18th may '11.
Sp not far from the 200 DMA post divi date.
skinny
- 10 Jan 2012 07:08
- 179 of 301
The Restaurant Group plc
("the Group")
Post-close update
The Group's full year results will be announced by early March 2012 and profits for the 52 weeks to 1 January 2012 are expected to be in line with the consensus of market forecasts.
Turnover for the 52 weeks to 1 January 2012 was 7.25% ahead of the comparable (52 week) period in 2010 and like-for-like sales were 3.25% ahead. The Group recorded strong levels of like-for-like sales growth during both November and December 2011.
New openings were ahead of the previous year with 25 new restaurants opened in 2011. Trading at these sites has been above our expectations and they are set to deliver strong returns. The Group is targeting 25-30 new openings in 2012.
The Group continues to be highly cash generative and net debt at the end of 2011 was well below the level at the end of 2010. During October 2011, the Group concluded a refinancing exercise and now has in place a five year, £140m revolving credit facility. This provides the Group with enhanced flexibility to accelerate the rollout of new restaurants once economic conditions improve and new property development activity restarts, and to ensure that the capital structure is sensibly and prudently positioned to enable the Group to continue to grow earnings, dividends and shareholder value.
Looking forward, whilst we anticipate a continuation of challenging economic conditions, our efforts will be focused on delivering further profitable progress in 2012.
Andrew Page, CEO of The Restaurant Group plc, said:
"We faced challenging trading conditions in 2011 but, despite this, revenues were up by 7.25% and like-for-like sales were 3.25% higher. Our profits for 2011 were well ahead of those for the previous year and cash flow was also very strong. Last year we opened 25 new restaurants, creating more than 500 new jobs. These new openings are trading ahead of our expectations and this year we expect to open 25 to 30 new restaurants throughout the UK which should create around 600 new jobs. Whilst we expect trading conditions to remain tough in 2012, the TRG team will be working to deliver another year of profitable progress."
10 January 2012
skinny
- 15 Feb 2012 09:40
- 180 of 301
Notification of date of Final Results
The Restaurant Group plc will be announcing its Final Results for the 52 weeks ended 1 January 2012 on Wednesday, 29 February 2012.