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Restaurants & Bars

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Poulaillon 9M consolidated revenue up at 50.7 million euros

Monday, 11 Sep 2017 01:01pm EDT

Sept 11 (Reuters) - POULAILLON SA ::9M CONSOLIDATED REVENUE EUR 50.7 MILLION VERSUS EUR 45.5 MILLION YEAR AGO‍​.SEES INCREASE OF CONSOLIDATED ANNUAL RESULT COULD BE HIGHER THAN THAT OF THE TURNOVER.TENDANCE FOR CONSOLIDATED ANNUAL TURNOVER GROWTH FOR THE YEAR IS CONFIRMED.‍​.

Elior Group buys stake in connected table-maker Awadac

Monday, 11 Sep 2017 10:51am EDT

Sept 11 (Reuters) - ELIOR GROUP ::HAS ACQUIRED A STAKE IN AWADAC, A COMPANY SPECIALIZED IN DIGITAL SOLUTIONS AND CONNECTED FURNITURE DESIGNED FOR RESTAURANTS‍​.

Greene King says 18-wk Pub Company LFL sales down 1.2 pct

Friday, 8 Sep 2017 02:00am EDT

Sept 8 (Reuters) - Greene King Plc :IN FIRST 18 WEEKS OF YEAR, PUB COMPANY LIKE-FOR-LIKE (LFL) SALES WERE -1.2%, AGAINST A MARKET WHICH DECLINED -0.7%*.IN THE FIRST 18 WEEKS OF THE YEAR, EXCLUDING FAYRE & SQUARE, WHICH IS BEING REBRANDED DURING THIS FINANCIAL YEAR, LFL SALES WERE -0.9%.IN FIRST TEN WEEKS, LFL SALES WERE IN LINE WITH OUR EXPECTATIONS AND BROADLY IN LINE WITH LAST YEAR, DESPITE TOUGH COMPARISONS FROM EURO 2016.SINCE SECOND HALF OF JULY, WHEN WEATHER WORSENED, TRADING WEAKENED..CONTINUING TO ADDRESS CHALLENGES OF VALUE FOOD SECTOR THROUGH MEASURED CAPITAL INVESTMENT TO UPGRADE AND REPOSITION PUBS AND THROUGH SELECTIVE DISPOSAL.PROGRAMME TO DELIVER £45M OF COST SAVINGS THIS YEAR, INCLUDING FURTHER COST SYNERGIES FROM SPIRIT ACQUISITION, IS ON TRACK.LFL NET PROFIT IN PUB PARTNERS WAS UP 1.4% AFTER 16 WEEKS, WITH IMPACT OF MRO IN LINE WITH OUR EXPECTATIONS.IN THE FIRST 18 WEEKS OF THE YEAR, OWN-BREWED VOLUME WAS DOWN -0.5% AGAINST A UK ALE MARKET DOWN -2.9% AND A CASK ALE MARKET DOWN- 7.0%.EXPECT CHALLENGES OF WEAKER CONSUMER CONFIDENCE, INCREASED COSTS AND INCREASING COMPETITION TO PERSIST OVER NEAR TERM.

Coffee Day Enterprises gets NCLT nod for scheme of amalgamation with Coffee Day Overseas

Friday, 8 Sep 2017 01:24am EDT

Sept 8 (Reuters) - Coffee Day Enterprises Ltd :Says NCLT approved scheme of amalgamation of Coffee Day Overseas with Coffee Day Enterprises.

Spur Corporation says FY HEPS down 18.4 pct

Thursday, 7 Sep 2017 03:06am EDT

Sept 7 (Reuters) - Spur Corporation Ltd ::FY ‍PROFIT BEFORE INCOME TAX FROM CONTINUING OPERATIONS DECLINED BY 14.9% TO R210.7 MILLION​.SPUR CORPORATION LTD - FY TOTAL FRANCHISED RESTAURANT SALES FROM CONTINUING OPERATIONS ACROSS LOCAL AND INTERNATIONAL OPERATIONS INCREASED BY 4.2% TO R7.2 BILLION.FY ‍HEADLINE EARNINGS DECLINED BY 18.4% TO R133.9 MILLION​.FY FRANCHISED RESTAURANT SALES IN SOUTH AFRICA GREW BY 4.4% AS DISCRETIONARY SPENDING CAME UNDER INCREASING PRESSURE.‍FY DILUTED HEADLINE EARNINGS PER SHARE FROM CONTINUING OPERATIONS WAS 25.9% LOWER AT 140.8 CENTS​.‍FY TOTAL DIVIDEND HAS BEEN REDUCED BY 5.7% TO 132 CENTS PER SHARE FOR YEAR​.FY INTERNATIONAL RESTAURANT SALES (EXCLUDING UK) INCREASED BY 2.4% IN RAND TERMS AND BY 6.3% ON A CONSTANT EXCHANGE RATE BASIS.PLANS FOR NEW FINANCIAL YEAR INCLUDE OPENING OF A NET 20 RESTAURANTS IN SOUTH AFRICA.DIRECTORS DO NOT EXPECT TRADING CONDITIONS TO IMPROVE IN NEXT 12 TO 18 MONTHS.

Imvescor Restaurant Group reports Q3 earnings per share of $0.06

Wednesday, 6 Sep 2017 07:04pm EDT

Sept 6 (Reuters) - Imvescor Restaurant Group Inc -:Imvescor Restaurant Group reports results for third quarter of fiscal 2017.Q3 same restaurant sales rose 4.9 percent.Quarterly earnings per share $0.06.Quarterly revenue $13.3 million versus $11.5 million .

Kotipizza chain's same-store sales up by 12.8 pct in Aug.

Wednesday, 6 Sep 2017 02:16am EDT

Sept 6 (Reuters) - KOTIPIZZA GROUP OYJ :REG-KOTIPIZZA GROUP OYJ: KOTIPIZZA CHAIN'S SAME-STORE SALES INCREASED BY 12.8 PERCENT IN AUGUST.‍TOTAL SALES OF RESTAURANTS IN KOTIPIZZA CHAIN, PART OF KOTIPIZZA GROUP, GREW BY 20.3 PERCENT IN AUGT COMPARED TO YEAR​ AGO.

Vapiano H1 2017 net sales up 41 pct at EUR 153.6 million​

Wednesday, 6 Sep 2017 01:30am EDT

Sept 6 (Reuters) - VAPIANO SE :‍H1 2017 NET SALES UP 41% TO EUR 153.6 MILLION​.H1 ‍ADJUSTED EBITDA INCREASES SIGNIFICANTLY BY 52.5% TO REACH EUR 15.9 MILLION​.FY 2017 FORECAST SUBSTANTIATED.‍PLANS TO OPEN BETWEEN 25 AND 30 NEW RESTAURANTS IN 2017, FOCUSING ON CORE EUROPEAN MARKETS INCLUDING GERMANY, AUSTRIA, NETHERLANDS, GREAT BRITAIN, SWEDEN AND FRANCE​.OUTLOOK 2017: NET SALES ARE EXPECTED TO RISE TO BETWEEN EUR 315 AND 335 MILLION IN 2017 (AN INCREASE OF 24% TO 33% COMPARED TO 2016).‍FY ADJUSTED EBITDA EXCLUDING PRE-OPINING COSTS, IS EXPECTED TO INCREASE FURTHER TO REACH BETWEEN EUR 38 MILLION AND EUR 40 MILLION​.OUTLOOK 2017: LIKE-FOR-LIKE SALES PROJECTED TO INCREASE BY BETWEEN 3% AND 5%.

‍Pie Five will open first international location in Pakistan in 2018

Tuesday, 5 Sep 2017 12:40pm EDT

Sept 5 (Reuters) - Rave Restaurant Group Inc :Pie Five announces first international development agreement.Says ‍Pie Five will open its first international location in Pakistan in 2018, with up to 40 more locations over next seven years.

Coffee Day Enterprises says unit agreed to divest 6.5 mln shares in Global Edge Software

Tuesday, 5 Sep 2017 05:33am EDT

Sept 5 (Reuters) - Coffee Day Enterprises Ltd :Says Coffee Day Trading agreed to divest entire 6.5 million shares in its associate Global Edge Software.

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