TRADING UPDATES: Loungers posts record revenue; SigmaRoc solid quarter
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - Cafe and bar operator Loungers revealed on Tuesday that full-year profitability was now expected to be ahead of expectations after it saw record sales in the 52 weeks ended 17 April.
Read more(Sharecast News) - Bar and restaurant operator Loungers said on Wednesday that revenues had grown 91.4% to £102.4m in the 24 weeks ended 3 October.
Read more(Sharecast News) - Analysts at Berenberg raised their target price on bar and restaurant operator Loungers from 350.0p to 390.0p on Thursday, stating the group was going from "strength to strength".
Read more(Sharecast News) - Bar and restaurant operator Loungers said on Friday that it had significantly outperformed the broader market in the six months ended 3 October following the recommencement of indoor trading in mid-May.
Read more(Sharecast News) - Bar and restaurant operator Loungers reported a 52.9% fall in revenue in its preliminary results on Wednesday, to £78.35m, though it was seeing a "significant outperformance" since reopening its locations on 17 May.
Read more(Sharecast News) - Bar and restaurant operator Loungers said on Thursday that like-for-like sales over the four-week period from 17 May through to 13 June were up 26.6% against 2019 comparatives.
Read more(Sharecast News) - Café, bar and restaurant operator Loungers said on Friday that its debt facilities have been extended and its covenants reset as it prepares to reopen 47 sites in England next week.
Read more(Sharecast News) - Loungers said it traded strongly until the second English lockdown as the bar operator reported a sharp drop in profit and criticised the government's treatment of the hospitality sector.
Read more(Sharecast News) - Bar and restaurant operator Loungers has maintained its "significant outperformance" of the market following reopening on 4 July.
Read more(Sharecast News) - Bar and restaurant operator Loungers said on Wednesday that it has now re-opened all 165 sites in its estate, with the exception of Cosy Club in Leicester.
Read more(Sharecast News) - Café-bar operator Loungers revealed on Thursday that will open a further 10 sites for takeaway from next week as part of its "From Our Lounge to Your Lounge" initiative.
Read more(Sharecast News) - Loungers revealed on Monday that non-executive director Robert Darwent had acquired three million ordinary shares in the AIM-listed hospitality group.
Read more(Sharecast News) - Loungers reported a narrowed interim loss on Wednesday, after it opened new locations and improved its operational efficiency at its current portfolio of cafes and bars.
Read more(Sharecast News) - Bar and restaurant operator Loungers said revenue and like-for-like sales increased in the 24 weeks to October, 6, boosted by its Lounge and Cosy Club brands.
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