AIM IP specialist Tekcapital to sell or float all four portfolio companies 'within 2 years'. Watch the full video here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFulham Shore Share News (FUL)

Share Price Information for Fulham Shore (FUL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 16.50
Bid: 16.50
Ask: 17.50
Change: 0.00 (0.00%)
Spread: 1.00 (6.06%)
Open: 16.50
High: 16.50
Low: 16.50
Yest. Close: 17.00
FUL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Fulham Shore reopens majority of sites, sales on the rise

Thu, 6th Aug 2020 10:17

(Sharecast News) - Franco Manca owner Fulham Shore said on Thursday that the majority of its sites had now reopened, with sales rising week-on-week since 4 July.
Fulham Shore said its sites were capable of operating at roughly 60-70% of their previous dine-in capacity due to social distancing requirements. However, it noted this had been somewhat offset by an increase in delivery and takeaway orders.

"Trading at the group's re-opened restaurants has started gradually, and the early signs in both businesses are promising," said the firm.

"In the four weeks since 6 July 2020, like-for-like restaurant sales at reopened sites were approximately 72% of the equivalent weeks in the previous year."

The AIM-listed group also stated it had implemented "effective cost-saving measures" such as rent reductions, deferrals and waivers with many landlords as part of an effort to weather the Covid-19 storm.

Fulham Shore also launched a £2.25m fundraiser at a price of 6.25p per share and announced that it had agreed to a new £25.75m revolving credit facility in order to position the group on "a sound financial footing" and enable it to continue its policy of best value menu pricing and provide substantial headroom over current net debt.

As of 1300 BST, Fulham shares had shot up 11.02% to 6.80p.

More News

UK 'shelves' Covid passports for pubs and restaurants - report

(Sharecast News) - The government has "shelved" plans for Covid-19 passports in pubs and restaurants when they are allowed to reopen for indoor customers, according to a report.

26 Apr 21 13:24

IN BRIEF: Fulham Shore reports "encouraging" sales ahead of 2019

IN BRIEF: Fulham Shore reports "encouraging" sales ahead of 2019

23 Apr 21 14:24

AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale

AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale

23 Apr 21 11:31

Franco Manca owner Fulham Shore upbeat after reopening

(Sharecast News) - Fulham Shore, owner of the Franco Manca pizza chain, said it was on the lookout for new branches after trading in the first week following lockdown beat two years earlier.

23 Apr 21 08:07

Director dealings: Fulham Shore director makes share sale

(Sharecast News) - Fulham Shore revealed on Monday that managing director Nabil Mankarious had disposed of 3.88m ordinary shares in the AIM-listed restaurant operator.

22 Feb 21 16:01

TRADING UPDATES: Yourgene Full-Year Revenue Warning; UP Global Upbeat

TRADING UPDATES: Yourgene Full-Year Revenue Warning; UP Global Upbeat

8 Feb 21 11:56

Franco Manca owner's revenue less than half 'normal' level

(Sharecast News) - Fulham Shore said revenue at its Franco Manca and Real Greek restaurants were running at less than half of normal levels while outlets run limited services.

8 Feb 21 10:23

Franco Manca owner highlights erratic government measures

(Sharecast News) - Fulham Shore said most of its restaurants were closed to eat-in diners and remarked on the government's unpredictable measures for the sector as it reported a first-half loss caused by the Covid-19 crisis.

18 Dec 20 09:57

Fulham Shore Reports Pretax And Revenue Loss Amid Lockdown Restrictions

Fulham Shore Reports Pretax And Revenue Loss Amid Lockdown Restrictions

18 Dec 20 09:48

LONDON BRIEFING: Restaurant Group And Fulham Shore Hope To Shed Tiers

LONDON BRIEFING: Restaurant Group And Fulham Shore Hope To Shed Tiers

18 Dec 20 08:14

Fulham Shore Reports Revenue Ups And Downs Due Amid UK Rule Changes

Fulham Shore Reports Revenue Ups And Downs Due Amid UK Rule Changes

25 Nov 20 14:48

Fulham Shore says business bounced back in second quarter

(Sharecast News) - Fulham Shore said it made back much of the profit lost during the first Covid-19 lockdown but warned changing government measures made the outlook too uncertain to provide guidance.

25 Nov 20 10:57

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

18 Nov 20 15:59

IN BRIEF: Fulham Shore Sinks To Annual Loss But Confident Ahead

IN BRIEF: Fulham Shore Sinks To Annual Loss But Confident Ahead

15 Oct 20 14:55

Fulham Shore hits out at rivals, remains upbeat despite profits slide

(Sharecast News) - Restaurant group Fulham Shore has hit out a rivals that are kept artificially afloat by "various leaky flotation devices" as it revealed its own dip into the red.

15 Oct 20 14:22

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.