Updates

Revolution Bars - Accelerating roll-out

April 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares have recovered from their torpor following the CFO’s resignation to post new highs following slightly better than expected interims, which noted a 12.7% rise in turnover to £66.7m and 13.6% increase in EBITDA to £9.2m. EBITDA margin rose 0.6% to 13.8%. Meanwhile, like-for-like sales in the eight weeks to 25th February have increased 1.7%.The group currently operates 66 premium bars (53 Revolution, 13 Revolution de Cuba) and will now open six new bars this year (one more than previously expected), having opened four in H1.FinnCap has increased forecasts 3% for this year and next giving new eps of 16.6p in FY’17 and 18.9p in FY’18. Its price target is 250p, while Canaccord’s is a r ...

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4imprint

Gear4music - Results ahead of forecast

Revolution Bars (April 2018)

Revolution Bars (September 2017)

Revolution Bars (July 2017)

Revolution Bars - Four new openings in H1 (March 2017)

Revolution Bars - High street bar chain enjoying 38-54% ROCE on new openings (December 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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