Various Eateries owns, develops and operates restaurant sites in the UK, having been established with arguably the strongest team ever assembled in the hospitality sector to take advantage of the disruption caused by the pandemic. The group has this morning provided an update on recent activity in the light of the latest lockdown, as well as confirming it has received an interim payment of £2.5m under its Business Interruption insurance policy. With cash burn minimised during the closure period, ....
29 Jan 2021
WHI Morning Comment: Various eateries (VARE) - Covid-19 update & interim insurance proceeds
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WHI Morning Comment: Various eateries (VARE) - Covid-19 update & interim insurance proceeds
Various Eateries Plc (VARE:LON) | 22.5 0 0.0% | Mkt Cap: 39.4m
- Published:
29 Jan 2021 -
Author:
John Cummins -
Pages:
4
Various Eateries owns, develops and operates restaurant sites in the UK, having been established with arguably the strongest team ever assembled in the hospitality sector to take advantage of the disruption caused by the pandemic. The group has this morning provided an update on recent activity in the light of the latest lockdown, as well as confirming it has received an interim payment of £2.5m under its Business Interruption insurance policy. With cash burn minimised during the closure period, ....