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

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%

Interim Manegment Statement

Current trading

TRG has continued to make good progress and, after 43 weeks trade in 2012, total sales are 8.25% ahead of the comparable period in 2011 and like-for-like sales are 3.5% ahead.

We have opened 16 new sites in 2012 to date. These openings are performing well and are set to deliver strong returns. A second Coast to Coast restaurant at The Gate in Newcastle opened in August and two weeks ago we opened a third Coast to Coast in Stevenage. All three Coast to Coast restaurants are trading strongly and we expect to have five Coast to Coast restaurants in total by the end of this year. Across the Group we expect to open a total of between 26 and 29 new restaurants in 2012 and we have a good pipeline developing for 2013 and beyond.


Balance sheet & financing

The Group's balance sheet position remains very solid with continuing strong cash generation, which allows the Group to continue to invest in our existing portfolio and open new restaurants whilst continuing to reduce its net debt.


Outlook

Since our interim announcement at the end of August, the Group has continued to trade strongly, with consistent like-for-like sales growth in both September and October. We remain on track to meet expectations for the full year.

TRG has a distinct market positioning with strong brands and great value-for-money offerings and a superb pipeline of new sites. We have an experienced and highly motivated team and a clear focus on delivering consistently excellent levels of service and hospitality. Our team is working to ensure that the Group continues its profitable progress.

Post-close Update

The Group's full year results will be announced by early March 2013 and profits for the 52 weeks to 30 December 2012 are expected to be just ahead of the consensus of market forecasts.

Turnover for the 52 weeks to 30 December 2012 was 9% ahead of prior year and like-for-like sales were 4.5% ahead. Group operating margins for 2012 are expected to be at a similar level as 2011.

New openings were ahead of the previous year with 28 restaurants opened in 2012. Trading at these sites has been excellent and they are set to deliver strong returns. The Group expects to open between 28-35 new sites in 2013.

Looking forward, whilst we anticipate similar economic conditions to 2012, our efforts will be focused on delivering further profitable progress in 2013.

Final Results

· Operations strongly cash generative and net debt further reduced, by £5.6m to £36m

· Roll out continues
o 28 new sites opened in the period
o 28-35 new sites targeted for 2013

· Over 700 new jobs created in 2012

· Strong current trading, with total sales up 14% and like-for-like sales at 6.5% for the eight weeks to 24 February 2013