Greggs has reported interim results for the 26 weeks ended 4 July 2015 with Roger Whiteside, Chief Executive commenting: “We have had a strong first half with good growth in sales reflecting improvements in our products and the reaction to our shop investment programme. Our offer of great tasting food-on-the-go is being well received by the consumer in market conditions that … [Read more...]
Mitchells & Butlers ahead in a subdued market
Mitchells & Butlers has provided its Third Quarter Trading Update showing total sales growth in the third quarter was 5.0%, bringing growth in the first 43 weeks to 8.2%, and commenting: “Like-for-like sales continued to grow over the third quarter, with strong food sales offsetting a softer drinks performance. As previously reported, operating margins are below last year … [Read more...]
Domino’s Pizza continues to forge ahead
Domino’s Pizza Group plc, the leading pizza company, has announced its very positive results for the 26 weeks ended 28 June 2015, attracting Douglas Jack at Numis to comment: “We are upgrading our 2015E PBT forecasts to £64.0m from £62.2m (consensus £63.1m) as a result of now assuming 6% LFL sales growth for the UK over the full year. We believe the resultant 25.5x P/E … [Read more...]
Autograph achieve Healthy Living Award in all Scottish sites
Autograph, Interserve’s national workplace caterer, is celebrating all of its Scottish catering sites achieving the Scotland ‘Healthy Living Award’. The award honours Scottish catering outlets that are making significant changes to the way they source, prepare and cook their food in line with the Scottish dietary targets. Healthy Living Awards were received by three Tesco … [Read more...]
Chef Tony Fleming from Angler restaurant to star in Channel 4 series
Tony Fleming, from the Michelin-starred Angler in South Place Hotel, is to appear in the television series Burger Bar to Gourmet Star. In the final episode, due to air on Sunday 2nd August 2015 at 8pm on More4, Fleming is paired with Ollie from Bristol, a cafe cook who will be trained as a professional chef in the Angler kitchen. Channel 4 has commissioned Betty to take … [Read more...]