REG - Comptoir Group PLC - Pre-Close Trading Update

ComptoirAnnouncement

24/07/2019 07:05

RNS Number : 4781G
Comptoir Group PLC
24 July 2019
 






24 July 2019
 
Comptoir Group Plc ("Comptoir", "Group" or the "Company")
 Pre-Close Trading Update
Comptoir Group Plc (AIM: COM), the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, today announces a pre-close trading update for the 26-week period ending 30 June 2019.
 
The Directors are pleased to report that trading for the 26 weeks to 30 June 2019 was in line with management expectations and ahead of the same period in 2018.
 
The Board continues to take a cautious approach to selecting new site openings and is exploring multiple opportunities for both organic growth and further franchise opportunities. The Company currently operates 25 managed restaurants and 4 franchise sites.
 
The Company retains a strong balance sheet and the Directors continue to be excited by the prospects of the Group and expect to end the year in line with market expectations.
 
For further information, please contact:
 


 




Comptoir Group plc

Chaker Hanna, CEO
Mark Carrick, CFO
 


 
Tel: +44 (0)20 7486 1111
Tel: +44 (0)20 7317 0409
 


 




Canaccord Genuity Limited (NOMAD and Broker)
Bobbie Hilliam
Georgina McCooke
 


Tel: +44 (0)20 7523 8000




 


 


 




 
 




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