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Trading Statement

17 Jul 2012 07:00

RNS Number : 7409H
Richoux Group PLC
17 July 2012
 



Richoux Group plc (the "Company")

Trading Update

The Company today announces a trading update following the end of its half year ended 8th July 2012.

The Company currently operates 12 restaurants which are set out below:

·; Richoux - Knightsbridge, Mayfair, Piccadilly and St John's Wood

·; Zippers - Chatham

·; Villagio - Andover, Hammersmith, Berkhamsted and Basildon

·; Dean's Diner - Chatham, Port Solent and Braintree

 

The Board currently expects to report a profit for the 28 weeks ended 8th July 2012, before any new impairments or provisions are recognised, in the region of £400,000 including a net profit on disposal of approximately £130,000 following the disposals of its freehold central kitchen and disposed sites. The Company currently has cash of approximately £1,500,000.

Richoux Group plc

Philip Shotter, Chairman (020) 7483 7000

 

Cenkos Securities plc (020) 7397 8900

Bobbie Hilliam

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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