Pubs suffer tough April as restaurants enjoy further growth
19th May 2016 07:51
(ShareCast News) - The restaurants and pubs sector endured a further decline in like-for-like sales in April, as wavering consumer confidence mixed with inclement weather. Like-for-like sales across managed pub and restaurant groups fell 0.8% against the same month last year, according to the Coffer
Read moreLondon leisure spend lagging provinces, says Coffer Peach Tracker
17th Feb 2016 08:51
(ShareCast News) - Trading at the UK's largest restaurant food-led pub chains saw an encouraging uplift last month, despite London falling behind its provincial cousins and casual dining outperforming pubs and bars in 'dry January'. Like-like-sales for January for the 31 companies monitored in the C
Read moreFuller, Smith & Turner first half profit up 16%
20th Nov 2015 08:14
(ShareCast News) - Fuller, Smith & Turner reported a 16% rise in first half pre-tax profit thanks to strong growth in all areas of the business. Pre-tax profit for the 26 weeks ended 26 September came in at £21.2m from £18.3m as revenue increased 10% to £177.7m. The company said it will pay an inter
Read moreLondon pre-open: Stocks to start higher after Fed's Yellen
25th Sep 2015 07:45
(ShareCast News) - Stocks will start the day higher after Fed chair Janet Yellen indicated overnight the US central bank was keeping all options on the table as regards a first hike in interest rates this year. "Most of my colleagues and I anticipate that it will likely be appropriate to raise the t
Read moreFuller's and Young's fight for popular London pubs
25th Sep 2015 07:32
(ShareCast News) - Fuller, Smith & Turner and Young's have lodged offers to buy Cubitt House, according to Sky News. Cubitt House's stable of bars includes some of best-known pubs - The Thomas Cubitt, The Orange, The Alfred Tennyson, and The Grazing Goat. A source close to the process told Sky News
Read moreFuller, Smith & Turner serves up strong annual results
5th Jun 2015 10:48
Pub and brewing group Fuller, Smith & Turner saw its annual profit grow on the back of strong performances across its three divisions. In the year to 31 March, the company reported a 7.76% increase year-on-year in pre-tax profit to £36.1m, while revenue rose 11.6% to £288m. Like-for-like sales grew
Read moreFirst-half profits fizz up at Fuller's
21st Nov 2014 07:34
Traditional pub grub and real ale have helped pub and brewing group Fuller, Smith & Turner to serve up higher first half revenue and profits. Fuller's, which brews London Pride and Chiswick real ales, said food sales had risen 14% while the Fuller's Beer Company boosted total beer and cider volumes
Read moreNumis Chief reduces stake with sale of 3m shares
11th Jun 2014 15:50
Oliver Hemsley, the Chief Executive Officer of Numis, has traded in three million shares, reducing his stake by almost a quarter to 9.4m. The 270p-a-share disposal generated £8.1m. The sale comes around one month after the group posted a 59% jump in first half revenue at £51.5m. Adjusted pre-t
Read moreTuesday broker round-up UPDATE
10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
Read moreLondon open: UK stocks rise ahead of US non-farm payrolls
6th Jun 2014 08:34
- ECB moves still in focus - Markets await jobs report this afternoon - Smith & Nephew pauses after strong run - Centrica lifted by bid speculation techMARK 2,834.66 +0.35% FTSE 100 6,830.78 +0.25% FTSE 250 16,044.41 +0.31% UK markets bounced off a two-and-a-half week low on Friday following anoth
Read moreLondon pre-open: Stocks seen higher as traders await US jobs data
6th Jun 2014 07:39
UK markets were set for a slightly positive start on Friday, with the tone set by another record finish on Wall Street, as investors gear up for the all-important US jobs report later on. City sources expect London's FTSE 100 to open around eight points higher than Thursday's close of 6,813.49, its
Read moreFood and accommodation boost sales and profits at Fuller's
6th Jun 2014 07:11
Pub grub and accommodation helped froth up annual sales and profits at pub and brewing group Fuller, Smith & Turner, which also hiked its dividend by 11% to 9.3p. Fuller's, which makes the flagship London Pride ale, said food and accommodation did particularly well during the year, with like-for-li
Read moreBudget 2014: Picture mixed for leisure sector - UPDATE
19th Mar 2014 13:27
Shares in British bookmakers Ladbrokes and William Hill tumbled after the government's new Budget included an increase to 25 per cent in duty on fixed-odds betting terminals (FOBTs). Chancellor George Osborne said that he would lift the rate on Machine Games Duty on betting content from 20% to 25%,
Read moreSports Direct non-exec sells over half his stake
25th Feb 2014 15:48
Simon Bentley, a Non-Executive Director at Sports Direct International, on Tuesday sold 15,000 shares in the FTSE 100-listed retailer, reducing his stake to just 10,000. The director, who sold the shares for 792.50p a piece, was able to benefit from the recent strong rise in the group's share pric
Read moreEuropa CEO grows stake, Vedanta's Agarwal buys another round
30th Jan 2014 16:35
Hugh MacKay, the Chief Executive Officer of Europa Oil and Gas, has acquired 545,880 shares in the AIM-listed company, taking his stake to a total of 2.34m. MacKay, who bought the shares at 8.20p a go, spent a total of £44,762 on the purchase. The transaction came just two weeks after the compan
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