Wagmama owner Restaurant Group expects higher profit

Restaurant

06/09/2023 07:08

Sept 6 (Reuters) - Restaurant Group  RTN.L ,the owner of
Wagamama and Brunning & Price restaurants, said on Wednesday it
expects annual profit to be higher as more people dine out at
its eateries despite a cost of living crisis.
    The company, which operates more than 400 restaurants and
pubs mostly across the UK, reported a 15% rise in adjusted core
profit to 36.3 million pounds ($45.7 million) for the half-year
ended July 2.

($1 = 0.7952 pounds)

 (Reporting by Radhika Anilkumar in Bengaluru; Editing by Dhanya
Ann Thoppil)
 ((Radhika.Anilkumar@thomsonreuters.com;))