Proactiveinvestors recommends
Additional Information
Market: LSE
Sector: Travel, Leisure & Hospitality
EPIC: RTN
Latest Price: 298.70p  (-0.10% Descending)
52-week High: 335.00p
52-week Low: 238.40p
Market Cap: 598.15M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
Restaurant Group
www.trgplc.com

The Restaurant Group plc is one of the largest independent restaurant and pub restaurant groups in the United Kingdom, with a portfolio of restaurants, cafes and pub restaurants comprise 6 Brands, plus concessions currently operating in seven airports.

Full Restaurant Group profile here
Pdf

The Restaurant Group sees full-year results in line

5th Jan 2009, 11:10 am The Restaurant Group sees full-year results in line

The Restaurant Group PLC said it anticipates reporting results for the year ended December 28 2008 in line with its expectations.


Like-for-like sales grew 1.5 percent from a year earlier, which compares to 2.5 percent rise for the 45 weeks to November 9 as announced mid-November, with the company calling the full-year figure a “creditable performance” resulting from its distinctive market positions and value for money offerings.


In a pre-close trading update, the company said the like-for-like performance over the seven weeks since the November interim management statement has been reasonable against a deteriorating economic backdrop, albeit at levels below the same period last year.


During the year the group opened 40 new restaurants resulting in a net increase of 24 sites and, as previously announced, expects to open between 18 and 25 in 2009.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.