Hostmore Plc Share News (MORE)

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Hostmore in line with expectations despite consumer caution

Hostmore PLC - Edinburgh-based hospitality company and owner of the Fridays American food chain - Says like-for-like revenue in the 26 weeks ended July 3 in line with expectations. Guidance for the full-year remains unchanged. Says growth opportunities remain despite consumer caution.

DIRECTOR DEALINGS: NatWest international chief sells 150,000 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

IN BRIEF: Hostmore sinks on lowered guidance, weak consumer confidence

Hostmore PLC - Edinburgh-based hospitality company and owner of the Fridays American food chain - Warns its margin will fall short of medium-term guidance. Hostmore expects an adjusted earnings before interest, tax, depreciation and amortisation margin in the low double-digits range for 2022, compared with its medium-term aim which targets a level in the mid-teens. Like-for-like revenue in the 20 weeks to May 22 was 6% lower than three years earlier. "We believe this is primarily a result of consumer confidence weakening significantly since Russia's invasion of Ukraine on 24 February 2022 which is contributing to the current cost of living crisis," Hostmore explains.

LONDON MARKET MIDDAY: China warning, rising pound caps FTSE 100 gains

(Alliance News) - A cautious start for the FTSE 100 continued into midday on Thursday, as London's flagship index struggled to make headway amid a stronger pound and an honest assessment by Beijing of the weakened state of China's economy.

SMALL-CAP WINNERS & LOSERS: Ricardo rises; Hostmore's margin caution

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

LONDON MARKET OPEN: Flat start after China warning; Serco up 9%

(Alliance News) - Stocks in London opened flat on Thursday, as equities were faced with opposing forces: a warning about the health of China's economy set against a rally on Wall Street after a largely unsurprising set of US Federal Reserve minutes.

UK shareholder meetings calendar - next 7 days

LONDON MARKET CLOSE: Europe rises on ceasefire hope but US tech slumps

(Alliance News) - Equities made a confident start to the new week, with markets in London bolstered by strong gains for housebuilders, though the FTSE 100 underperformed European peers as its heavyweight mining sector endured a tough session.

Hostmore narrows full-year losses in maiden results

(Sharecast News) - Hostmore, the operator of restaurant chain Fridays, said on Monday that it had narrowed its full-year losses as it announced the departure of its chairman.

LONDON MARKET MIDDAY: Optimism over Russia-Ukraine talks lifts stocks

(Alliance News) - Stocks in London were higher at midday on Monday as investors looked for potential progress in peace talks between Russia and Ukraine with an eye on the Federal Reserve's interest rate decision this week.

SMALL-CAP WINNERS & LOSERS: China trusts fall on new Covid lockdown

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Inland's Hillingdon boost; Yooma products at Boots

TRADING UPDATES: Inland's Hillingdon boost; Yooma products at Boots

SMALL-CAP WINNERS & LOSERS: Hostmore to beat forecasts despite Omicron

SMALL-CAP WINNERS & LOSERS: Hostmore to beat forecasts despite Omicron