Restaurant Group PLC
12 January 2005
The Restaurant Group Plc
('the Group' or 'TRG')
Trading Update
The Restaurant Group is pleased to report that it has enjoyed an encouraging
second half to the year ended 31 December 2004 with Leisure Parks and
Concessions enjoying particularly strong trading.
Trading during December was more mixed than last year with the High Street
business experiencing quieter trading, particularly in the period immediately
before the Christmas weekend, whilst Leisure Parks and Concessions continued to
trade well through the festive season.
Overall, the full year Like for Like sales increase for the Group was +5% - a
very encouraging performance, which we expect to be reflected in highly
satisfactory results for the year to 31 December 2004.
Although we anticipate market conditions remaining competitive, we are pleased
with the start to the current year and we expect to make further good progress
during 2005.
Alan Jackson, Executive Chairman of The Restaurant Group plc, said:
'The Restaurant Group has traded well throughout 2004 particularly in areas
where we are acknowledged market leaders, namely Airports and on Leisure Parks.
The company will again open 20-30 new restaurants in 2005 reflecting its
confidence in delivering further progress in the current year.'
12 January 2005
Enquiries
The Restaurant Group plc Tel 020 7747 7750
Alan Jackson, Executive Chairman
Andrew Page, Group Managing Director
College Hill Tel: 020 7457 2020
Matthew Smallwood
This information is provided by RNS
The company news service from the London Stock Exchange STILFSDLLILLIE
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