London Report: UK’s corporate calendar packed in results season July 28, 2013 THE CORPORATE calendar is packed this week, as businesses including ITV, BP, Lloyds, Barclays and Royal Bank of Scotland update the market amid a swathe of other results. The week begins with figures from Fidessa Group, Hammerson, InterContinental Hotels Group, Intertek Group, JKX Oil & Gas, Keller Group, Senior, Vernalis, Reckitt Benckiser Group, National Grid, [...]
Domino’s Pizza misses out on Olympic boost September 26, 2012 SHARES IN Domino’s Pizza fell almost four per cent yesterday after the company surprised the City with slower-than-expected third quarter sales. The group, which has 770 stores in Britain, Ireland, Germany and Switzerland, said like-for-like sales increased 3.7 per cent over the 17 weeks to 23 September. This contrasts with an 8.1 per cent jump [...]
Domino’s Pizza tries to tempt Swiss in fresh expansion drive August 29, 2012 DOMINO’S PIZZA is to step up its expansion across Europe after buying the rights to operate stores in Switzerland, Lichtenstein and Luxembourg. The pizza chain, which has over 700 stores in Britain, Ireland and Germany, yesterday announced it will pay Global Brands £4.7m for Domino’s Switzerland, which already operates 12 outlets in the country. The [...]
Domino’s Pizza profits boosted by rain and Euro 2012 July 23, 2012 Britain’s biggest pizza delivery company Domino’s Pizza said pretax profit rose by 13.2 per cent in the first half, as the economic downturn, Euro 2012 and rainy weather led more Britons to stay home and order in pizza. Domino’s, which operates the British and Irish franchises of the global delivery brand, said on Monday pretax [...]
Domino’s sales snowed in after record profits February 25, 2013 INVESTORS lost their appetite for Domino’s Pizza shares last night despite the company posting record full-year profits, after heavy snow hit UK sales at the start of 2013. The group said 498 stores – almost two-thirds of its UK portfolio – were forced to close at some point in January because of the heavy snow [...]
RBS and Lloyds results look set to show losses February 24, 2013 STATE-BACKED banks Royal Bank of Scotland and Lloyds Banking Group are both expected to announce full-year results this week, with analysts forecasting both lenders will remain loss-making. Investec believes RBS, which will deliver its 2012 figures on Thursday, will announce an attributable loss of £2.2bn for the final quarter – or a £5.6bn loss for [...]
Best of the Brokers January 2, 2013 DOMINO’S PIZZA Numis upgraded the takeaway pizza business to “buy” from “add” and keeps its target of 625p, believing the company is likely to generate strong growth in 2013. Numis expects to see new developments, such as a gluten free menu and higher ecommerce advertising, greater expansion with new stores in the UK and the [...]
Restaurant review: Urban Meadow October 15, 2013 RESTAURANT Urban Meadow, 150 Bayswater, W2 4RT Tel: 020 7792 7066 FOOD Three Stars VALUE Five Stars ATMOSPHERE Four Stars Cost for two with drinks: £50 THIS is one of those columns restaurant critics write after they’ve been on holiday, where they bang on about the nice places they’ve been eating while you’ve been stuck [...]
January Bank rates are likely to stay steady January 7, 2013 THE European Central Bank (ECB) is likely to keep interest rates on hold when it meets for its first policy meeting this year, analysts predict. “We believe the continued improvement in the forward-looking survey data will have been sufficient to stay the hand of those on the council who last month were willing to wait [...]
Bargains bring home the bacon but bite into profits December 9, 2012 AS DECENT numbers for Nando’s reveal the chain moved into profit last year after three in the red, the cheaper end of the restaurant sector may be turning a corner. The latest figures from BDO indicate that operators including the Restaurant Group and JD Wetherspoon have seen an upturn in trade in September and October. [...]