17th Jul 2012 07:00
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
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Richoux Group