The Fulham Shore Plc (“FUL”) has released a solid trading statement ahead of its March 31st year end. Trading is in-line with market expectations (we forecast full year revenue and EBITDA growth of 12.5% and 1.4% respectively), the plan to increase the rate of restaurant openings in the year to March 2020 is maintained and there is the first indication that a dividend may be paid in the not too distant future. We view the announcement as positive against the back-drop of a causal dining sector u ....
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Trading update - period ending 31 March 2019
- Published:
28 Mar 2019 -
Author:
Matt Butlin -
Pages:
6
The Fulham Shore Plc (“FUL”) has released a solid trading statement ahead of its March 31st year end. Trading is in-line with market expectations (we forecast full year revenue and EBITDA growth of 12.5% and 1.4% respectively), the plan to increase the rate of restaurant openings in the year to March 2020 is maintained and there is the first indication that a dividend may be paid in the not too distant future. We view the announcement as positive against the back-drop of a causal dining sector u ....