Anyone holding this share, any comment? It recommended by few brokers.

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

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.

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)

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

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.

This one is motoring!

should have kept an eye on my own suggestions!

Indeed Cynic, re ur post 172, if you add Cineworld (CINE) then you hopefully have a profitable hat trick.

Yum Yum :-)

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.

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

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.

a very good alternative to DOM

I haven't looked at these recently, but with the Olympics, its probably worth dusting down the slide rule!

Just north of 310 on good volume.

Final Results.

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

Trading for the first 19 weeks has been strong with total sales 8% ahead of the previous year and like-for-like sales 4% ahead. Since the end of February we have seen a significant uplift in sales with good growth in March, April and May to date. Margins are in line with expectations.

During the first 19 weeks we have opened one new Frankie & Benny's restaurant, two new Garfunkel's and one new Pub restaurant. These sites are trading well and are set to deliver strong returns.

In November 2011 we opened our first "Coast to Coast" restaurant, alongside an existing Frankie & Benny's restaurant at the Brighton Marina. "Coast to Coast" is a new TRG brand which we have been developing over the past two years. Our intention with this brand was to create a unique restaurant offering that has scaleability and which will complement our existing Frankie & Benny's and Chiquito brands. The performance of our first "Coast to Coast" restaurant has been superb and we are particularly pleased with how well it is complementing the existing Frankie & Benny's restaurant located adjacent to it. As a result, we have now committed to two new "Coast to Coast" sites which will open later this year. We are also exploring further site opportunities for new "Coast to Coast" restaurants.

In total we expect to open between 25 and 30 new restaurants this year with a strong pipeline developing for 2013 and beyond. We anticipate that one half of our new restaurant openings this year will be under the Frankie & Benny's brand.

Balance sheet and financial position

The Group's balance sheet remains strong and continues to benefit from good cash generation from our operations.

Subject to approval at the AGM, the final dividend in respect of the year ended 1 January 2012 of 6.5p per share (making the full year dividend in respect of 2011 a total of 10.5p per share) will be paid on 19 July 2012 to shareholders on the Register on 29 June 2012 - this represents a 17% increase on the previous full year's dividend.

Outlook

The Group is trading in line with expectations and is on track to report a strong first half performance.

17 May 2012

quite so - see my comment alluding to RTN on the DOM thread .... i hold both RTN and DOM for much the same reason = good prospects ahead as mid-priced and good value eating + olympic year

Interim Results

· Continued strong performance in a difficult market:

Results marked as adjusted are stated excluding non-trading items.

- Total revenue increased 7.5% to £252m (2011: £234m)
- Like-for-like sales increased by 3.25%
- Adjusted operating profit increased by 8% to £27.3m (2011: £25.2m)
- Adjusted profit before tax increased by 7% to £26.1m (2011: £24.4m)
- Adjusted EPS rose 10.3% to 9.6p (2011: 8.7p)

- Statutory profit before tax was £26.1m (2011: £17.2m)
- Statutory EPS was 9.6p (2011: 5.6p)

· Excellent performance demonstrating the resilience of TRG's business in difficult markets and the continued strength of its brands

· Operations are strongly cash generative; adjusted operating cash flow of £38.5m (2011: £38.7m)

· Interim dividend increased by 12.5% to 4.5p per share (2011: 4.0p)

· Continuing new site development
- Eight new sites opened in the first half year
- A further five new sites opened to date in the second half year
- 25-30 new sites targeted for 2012

· Continued strong trading with year to date like-for-like sales for the 34 weeks to 26 August 2012 at 3.25%

· Board is confident of another year of good progress in 2012

12 month high @372.10 earlier.

L&G over 3%