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Pre-Close Trading Update

24th Jul 2019 07:00

RNS Number : 4781G
Comptoir Group PLC
24 July 2019
 

24 July 2019

 

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

 Pre-Close Trading Update

Comptoir Group Plc (AIM: COM), the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, today announces a pre-close trading update for the 26-week period ending 30 June 2019.

 

The Directors are pleased to report that trading for the 26 weeks to 30 June 2019 was in line with management expectations and ahead of the same period in 2018.

 

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. The Company currently operates 25 managed restaurants and 4 franchise sites.

 

The Company retains a strong balance sheet and the Directors continue to be excited by the prospects of the Group and expect to end the year in line with market expectations.

 

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.
 
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