Company
Loungers PLC
LON:LGRS
Loungers PLC is an operator of café/bar/restaurants across England and Wales under two distinct but complementary brands, Lounge and Cosy Club. It is the only growing all-day operator of scale in the UK, with a strong reputation for value-for-money and sites that offer something for everyone regardless of age, demographic or gender. The company operates successfully in a diverse range of different sites and locations across England and Wales.
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FTSE 100 finishes 54 points lower at just below 8,140
Following the Wagamama takeover, is Loungers the next undersold proposition?
Hybrid hospo chain appears cheap compared to its contemporaries