12th Jan 2005 07:00
Restaurant Group PLC12 January 2005 The Restaurant Group Plc("the Group" or "TRG") Trading Update The Restaurant Group is pleased to report that it has enjoyed an encouragingsecond half to the year ended 31 December 2004 with Leisure Parks andConcessions enjoying particularly strong trading. Trading during December was more mixed than last year with the High Streetbusiness experiencing quieter trading, particularly in the period immediatelybefore the Christmas weekend, whilst Leisure Parks and Concessions continued totrade well through the festive season. Overall, the full year Like for Like sales increase for the Group was +5% - avery encouraging performance, which we expect to be reflected in highlysatisfactory results for the year to 31 December 2004. Although we anticipate market conditions remaining competitive, we are pleasedwith the start to the current year and we expect to make further good progressduring 2005. Alan Jackson, Executive Chairman of The Restaurant Group plc, said: "The Restaurant Group has traded well throughout 2004 particularly in areaswhere we are acknowledged market leaders, namely Airports and on Leisure Parks.The company will again open 20-30 new restaurants in 2005 reflecting itsconfidence in delivering further progress in the current year." 12 January 2005 Enquiries The Restaurant Group plc Tel 020 7747 7750Alan Jackson, Executive ChairmanAndrew Page, Group Managing Director College Hill Tel: 020 7457 2020Matthew Smallwood This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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