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:
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Comptoir Group plc Mark Carrick, CFO
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Tel: +44 (0)20 7486 1111 Tel: +44 (0)20 7317 0409
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Canaccord Genuity Limited (NOMAD and Broker) Bobbie Hilliam Georgina McCooke
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Tel: +44 (0)20 7523 8000 |
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