(Alliance News) - The FTSE 100 started the week on the front foot, closing higher on Monday, as hopes grew that a trade deal between the US and China could be struck. Read More
(Alliance News) - Various Eateries PLC on Monday said the warm weather helped like-for-like sales pick up in the second half of the financial year after a subdued start. Read More
(Alliance News) - B&M European Value Retail cuts its profit guidance following an accounting error and says Chief Financial Officer Mike Schmidt will step down, while Bank of Ireland and Secure Trust Bank may increase provisions linked to the UK motor finance redress scheme. AstraZeneca announces a drug approval in the US. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Various Eateries PLC on Tuesday said its loss narrowed in the first half of its current financial year, as the group is "encouraged" by early signs of market recovery. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and last week and not separately reported by Alliance News: Read More
(Alliance News) - Various Eateries PLC on Monday said it estimates revenue to have grown nearly 10% during its most recent financial year, which comes in ahead of market expectations. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Various Eateries PLC - London-based operator of UK restaurants under Coppa Club, Tavolino and Noci brands - Pretax loss narrows to GBP6.7 million in the financial year ended October 1 from GBP7.2 million the year prior. Revenue climbs 12% to GBP45.5 million from GBP40.7 million. Depreciation and amortisation costs increase 18% to GBP5.6 million from GBP4.7 million. Looking ahead, Various Eateries says sales in first quarter of financial 2024 are in line with own expectations. "As we move into the second quarter, we are optimistic that inflationary pressures will continue to ease and interest rates will at least not rise further, but this remains difficult to predict," it says. "Regardless, we will continue to focus on what is within our control - growing the top line and taking action to ensure high levels of customer satisfaction and improving operational efficiency." Read More
Various Eateries PLC - London-based operator of UK restaurants under Coppa Club, Tavolino and Noci brands - Raises GBP10.1 million in gross proceeds, or GBP9.7 million in net proceeds, via the placing of 40.4 million new shares at a price of 25 pence per share. Proceeds will be used to roll out up to three new Coppa sites and ten new Noci sites over the next 18 months. Expects admission of shares to trading on AIM to begin on December 27. Also executes converting deep discounted bond and certain secured loan agreements into new shares at the placing price. Company issued the bond, which has a nominal value of GBP10.8 million, to Friends Provident in mid-April. The loan agreements are with TDR Capital Ltd and Anella Ltd, which is owned and controlled by Executive Chair Andy Bassadone. Read More
Various Eateries PLC - London-based operator of UK restaurants under Coppa Club, Tavolino and Noci brands - Announces conditional placing to raise approximately GBP10 million by issuing new shares "to certain existing shareholders and other investors" at 25 pence each. Price represents a discount of around 3.9% to the closing price of 26p per share on Tuesday. Proceeds will be used to roll out up to three new Coppa sites and ten new Noci sites over the next 18 months. 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
(Alliance News) - Various Eateries on Wednesday reported a sound performance for its financial year, citing high footfall in city centre locations in Bath and Guildford. Read More
Various Eateries PLC - London-based operator of 18 Coppa Club, Tavolino and Noci restaurants in UK - Chief Executive Officer Yishay Malkov resigns from his post and from the board immediately, having served for three years. Andy Bassadone will continue to lead Various Eateries as executive chair, focused on the Noci brand. Rebecca Tooth remains managing director of Coppa Club. The executive team also includes Founder Hugh Osmond and Chief Financial Officer Sharon Badelek. Read More