Pubs outdo restaurants again in August, Coffer Peach data shows
15th Sep 2016 09:27
(ShareCast News) - UK large pub and restaurant groups enjoyed better sales in August as Britain took advantage of better weather to eat and drink out. There was a 0.6% increase in like-for-like (LFL) sales at managed pubs, bars and restaurants, up from 0.3% last month, according to the monthly Track
Read more'Casual dining' restaurants suffer but pubs bubble up, Coffer Peach finds
16th Jun 2016 08:10
(ShareCast News) - Trading at larger UK pubs and restaurant groups slowed even further in May, with like-for-like sales down 1.4% year-on-year as a hefty decline at casual dining chains outweighed a small improvement for pubs. These findings from the Coffer Peach Business Trackers were the bigge
Read morePubs 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 morePub and restaurant sales fall flat in February, Peach Tracker finds
17th Mar 2016 08:41
(ShareCast News) - Pub and restaurant sales were flat last month and the industry expects to endure a tougher year than last, according to a respected industry survey. The results of the monthly Peach Tracker, produced by CGA Peach in partnership with Coffer Group, RSM and UBS, found like-for-like s
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 moreITV chair takes shares partially in lieu of fee
5th Jan 2016 15:54
(ShareCast News) - ITV chairman Archie Norman has seen his stake in the media company rise in lieu of directors fees. Norman, who has been steering the company since 2009, has an arrangement that means he uses 40% of his annual fee after statutory deductions and associated costs to acquire shares on
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 moreYoung & Co's Brewery enjoys strong start to the year
7th Jul 2015 10:30
Pub operator and brewer Young & Co's said it has started the year well with strong house sales, good acquisition returns and economic momentum. Ahead of its annual general meeting, the group posted an increase in managed house sales for the first 13 weeks, which rose 8.3% in total and 5.6% on a like
Read moreTrifast execs make tidy sum through share option sale
21st Nov 2014 15:59
The chairman and boss of fastenings group Trifast have both raised £1.08m each after selling shares issued under the company's 2009 share option plan. Executive chairman Malcolm Diamond and chief executive Jim Barker, who have both been with the company for over three decades, were issued 1m shares
Read moreStandard Life directors adds 16,400 shares
5th Sep 2014 16:02
Pierre Danon, a non-executive director at Standard Life, has bought 16,400 shares in the group, boosting his stake to 54,627. Danon paid 409.9p a time, spending a total of £67,224 on the deal. The purchase came after the group announced on Thursday that it is planning to sell its Canadian unit to M
Read moreExova Group director shows faith after results disappoint
4th Sep 2014 17:14
Allister Langlands, a non-executive director at FTSE 250-listed Exova Group, has boosted his stake in the group with the purchase of 50,000 shares. He paid 192.50p a share, spending a total of £96,250. The deal came less than a week after the company reported a wider first-half loss as revenue f
Read moreYoung & Co H1 profits fizz on better weather and economy
21st Nov 2013 10:35
A warm summer and the economic upturn in London and south-east England have helped froth up first-half profits at brewer and pub group Young & Co. Young's said its well-located premium pubs, many on riverside sites or with attractive gardens, allowed it to make the most of the good weather. It als
Read moreThursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreMonday broker round-up UPDATE
8th Jul 2013 08:48
Anglo American: Exane reduces target price from 1700p to 1400p and reiterates its underperform rating. Anite Group: Investec raises target price from 135p to 155p and upgrades from hold to buy. Ashmore Group: RBC Capital Markets takes target price from 440p to 375p and keeps its neutral rating. B
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