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AGM Statement

28th May 2019 07:00

RNS Number : 1892A
Comptoir Group PLC
28 May 2019
 

28 May 2019

 

Comptoir Group Plc

("Comptoir", the "Group" or the "Company")

AGM Statement

Comptoir Group Plc (AIM: COM), the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, today will hold its Annual General Meeting at 11.30am at 73, Cornhill, London EC3V 3QQ. Commenting on the Company's performance, Chaker Hanna, Chief Executive Officer of Comptoir, will make the following statement:

 

"I am pleased to report that the Group continues to trade in line with management expectations. Newly opened restaurants are performing well, including the new Comptoir Westfield restaurant opened on 7th May 2019. Like for like sales growth and margins are ahead of last year. The Company has a robust balance sheet and is confident in the outlook for the year ahead."

 

The Board continues to take a cautious approach to selecting new site openings and is exploring multiple opportunities for both organic growth and further franchise opportunities.

 

For further information, please contact:

 

Comptoir Group plcChaker Hanna, CEO

Mark Carrick, CFO

 

Tel: +44 (0)20 7486 1111

Tel: +44 (0)20 7317 0409

 

Canaccord Genuity Limited (NOMAD and Broker)

Bobbie Hilliam

Georgina McCooke

 

Tel: +44 (0)20 7523 8000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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