Patisserie Holdings, the UK’s leading branded operator of patisserie shops has announced FY17 preliminary results in line with our expectations. Revenue is up 9.7% to £114.2m, adjusted EBITDA is up 15.7% to £25.6m and adjusted PBT is up 17.1% to £20.2m. We have left our estimates unchanged as management continues to deliver to plan.
27 Nov 2017
Preliminary FY17 Results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Preliminary FY17 Results
Patisserie (CAKE:LON) | 0 0 3.2% | Mkt Cap: 343.9m
- Published:
27 Nov 2017 -
Author:
Tim Dainton -
Pages:
6
Patisserie Holdings, the UK’s leading branded operator of patisserie shops has announced FY17 preliminary results in line with our expectations. Revenue is up 9.7% to £114.2m, adjusted EBITDA is up 15.7% to £25.6m and adjusted PBT is up 17.1% to £20.2m. We have left our estimates unchanged as management continues to deliver to plan.