Ahead of planned reopening on 17 May, the message of Ten Entertainment Group (TEG) is clear. With tenpin bowling as the driver, it has the product (a successful value proposition enhanced during the pandemic) and the resources (strong balance sheet with over £18m liquidity headroom) to capitalise in both the short and longer term. Despite 2020 sales down 57% because of COVID-19 restrictions investment continued apace (c 70% of 2019 levels), from digital to key refurbishments and ‘next-generation ....
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Ten Entertainment Group - Strike!
- Published:
21 Apr 2021 -
Author:
Richard Finch -
Pages:
2
Ahead of planned reopening on 17 May, the message of Ten Entertainment Group (TEG) is clear. With tenpin bowling as the driver, it has the product (a successful value proposition enhanced during the pandemic) and the resources (strong balance sheet with over £18m liquidity headroom) to capitalise in both the short and longer term. Despite 2020 sales down 57% because of COVID-19 restrictions investment continued apace (c 70% of 2019 levels), from digital to key refurbishments and ‘next-generation ....