|
Hostmore PLC - West Sussex, England-based owner of casual dining brand Fridays and cocktail bar and restaurant brand 63rd+1st - Revises the date of the publication of its results for the financial year ended January 1, saying confirmation of the new date will be made in due course. Adds it is in discussions with its lending banks to amend its existing facilities. Says the process is going well and expects it to conclude in the first half of April. Additionally, Hostmore says that, in the first nine weeks of its 2023 financial year, it is generating VAT adjusted revenue that is similar to the comparable period of financial 2022. Consequently, related earnings before interest, tax, depreciation and amortization, and cash flows, are in-line with current market expectations for the full-year. Does not specify these market expectations. Current stock price: 13.10 pence, down 5.0% on Friday morning in London 12-month change: down 84% Copyright 2022 Alliance News Ltd. All Rights Reserved.
|
