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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Restaurant Group

March 2012

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.

  • Epic Code:
  • RTN
  • Price:
  • 301p
Contrary to fears that UK leisure spending has imploded Restaurant Group, owner of the Garfunkels and Frankie & Benny's chains, has announced trading for the year to 1 January 2012 in line with expectations. Revenues rose 7.25%, with the like-for-like element 3.25% and November and December were particularly strong.New openings were ahead of the previous year with 25 in 2011 and trading has been ahead of expectations. The group is targeting 25-30 openings in 2012. Restaurant Group is still highly cash generative and net debt at the year-end was below the previous year. Armed with a recently refinanced £140m facility the firm claims enhanced flexibility to accelerate its roll-out when economic conditions improve and new ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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