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IN BRIEF: Time Out celebrates opening of market in Porto, Portugal

ALN

Time Out Group PLC - London-based global media and hospitality business - Says Time Out Market Porto in Portugal has opened on Friday. It is the company’s eighth food and cultural market, while it has signed another eight which are due to open between 2024 and 2027, including in Budapest which Time Out had announced in April. The market in Porto is located in the south wing of the Sao Bento station. ‘Across approximately two thousand square metres, Time Out Market Porto will be home to 12 kitchens, two bars, an outdoor space and a tower - with views over the city - with a shop and a restaurant offering wine experiences,’ the company says. Time Out plans to open markets apart from Budapest in Barcelona, Bahrain, Osaka, Vancouver, Abu Dhabi, Prague and Riyadh.

Current stock price: 52.90 pence per share, up 0.8% on Friday afternoon in London

12-month change: up 14%

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