RNS & News21 Jan 2022 07:37
Another reasonable RNS in the scheme of things : RTN clearly at the top of their game as the dog brands are reduced and the Wagamama dragon breath fire.
"In early UK company news, Restaurant Group said it now expects full-year profit at the top end of forecasts.
In previous guidance, the Wagamama dining chain owner said it expects adjusted earnings before interest, tax, depreciation and amortisation in a range of GBP73 million to GBP79 million and year-end net debt less than GBP190 million.
Following cost control and continued strong trading, it now expects earnings at the top of the forecast range and net debt less than GBP180 million.
The brighter outlook comes despite the UK government's 'Plan B' coronavirus restrictions introduced in December to stem the spread of the Omicron variant."
IMHO GLA DYOR