The Fulham Shore Plc (“FUL”) has issued a trading statement for the year ending 25 March 2018. Primarily due to trade in the London surburban restaurants being weaker than anticipated, headline EBITDA for the period is expected to come in below market expectations. Additionally, restaurant openings for the year to March 2019 have been reined back reflecting the wide spread and well publicised market malaise impacting the UK casual dining sector. The net result is a reduction in our headline EBIT ....


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Hunkering down in a tough market
- Published:
08 Mar 2018 -
Author:
Matt Butlin -
Pages:
5 -
The Fulham Shore Plc (“FUL”) has issued a trading statement for the year ending 25 March 2018. Primarily due to trade in the London surburban restaurants being weaker than anticipated, headline EBITDA for the period is expected to come in below market expectations. Additionally, restaurant openings for the year to March 2019 have been reined back reflecting the wide spread and well publicised market malaise impacting the UK casual dining sector. The net result is a reduction in our headline EBIT ....