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Pin to quick picksAmala Foods Plc Share News (DISH)

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BigDish Outlook Confident As Restaurant On Platform Double

Mon, 03rd Feb 2020 14:51

(Alliance News) - BigDish PLC on Monday said it saw a surge in client numbers in January, with further growth expected throughout 2020.

The food technology company said it mostly focused on recruitment and setting up new systems in December 2019 to accelerate growth from the beginning of 2020.

The number of restaurant using BigDish technology have more than doubled since mid-November. There are currently 351 restaurants live on the BigDish platform and an additional 91 restaurants that have agreed to join BigDish, compared to 177 restaurants registered as at November 12 last year.

The number of locations across the UK also increased, BigDish said, and restaurant numbers have risen in key locations, including London.

"We have had a great start to the year. We have effectively doubled the number of restaurants on the platform in just one month as well as seen big increases across other key metrics," said Chief Executive Tom Sumner.

He added: "I am confident that we can continue to progress with the build out of what will become a national product."

Looking ahead, the company said its main focus for 2020 is restaurant acquisition and accelerating the growth of restaurant numbers.

BigDish shares were trading 3.1% higher in London on Monday at 2.99 pence each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Amala expects to complete reverse takeover in early 2024

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IN BRIEF: Amala Foods reviews reverse takeover options

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Amala Foods cancels agreement with Terra Rara on lengthy due diligence

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23 Dec 2022 15:47

UK shareholder meetings calendar - next 7 days

Monday 26 December 
no events scheduled 
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Thursday 29 December 
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ADVFN PLCAGM
Genedrive PLCAGM
Hotel Chocolat Group PLCAGM
Lekoil LtdEGM re proposed settlement and name change
Online Blockchain PLCAGM
PetroNeft Resources PLCAGM
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Apollon Formularies PLCAGM
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Goldplat PLCAGM
Ncondezi Energy LtdAGM
Ross GroupAGM
Secure Property Development & Investment PLCAGM
Time Out Group PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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23 May 2022 14:41

Amala Foods agrees to buy rare earth elements company Terra Rara UK

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IN BRIEF: Amala Foods says will complete rare earths acquisition soon

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