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Loungers PLC Ord 1P (LGRS)

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13-Jul-2022 12:14 PM

Loungers swings to yearly profit amid plans to open 30 new bars

Bar and cafe owner Loungers PLC on Wednesday reported an annual revenue surge, shaking off the effects of the Omicron variant, the 'pingdemic' and recruitment issues. Revenue in the financial year that ended April 17 jumped to £2
02-Dec-2020 09:33 AM

Loungers swings to profit in H1 on higher profit; sees further hit to sales from tiered restrictions

Hospitality group Loungers swung to a profit in the first half of the year as higher margins on cost cuts offset a fall in revenue. For the 24 weeks ended 4 October 2020, pre-tax profit was £117,000 from a loss of £2.5 million year-on-year, w
05-Aug-2020 09:33 AM

Loungers reports slight fall in sales, but 'encouraged' by performance since reopening

Loungers reported a slight fall in sales, but said it was 'encouraged' by the initial strength of its trading performance since reopening. Like for like sales fell 1.7% over the period from 4 July, when our phased re-opening commenced, throug
19-Jun-2020 09:00 AM

Broker Forecast - Liberum Capital issues a broker note on

Liberum Capital today reaffirms its buy investment rating on (LON:LGRS) and cut its price target to 200p (from 275p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
23-Apr-2020 10:50 AM

Broker Forecast - Peel Hunt issues a broker note on

Peel Hunt today reaffirms its buy investment rating on (LON:LGRS) and cut its price target to 200p (from 285p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Dec-2019 07:45 AM

Loungers narrows losses as new site openings boost growth

Loungers narrowed its losses on higher revenue as the cafe, bar and restaurant operator rolled out new sites. For the 24 weeks to 6 October, pre-tax losses narrowed to £2.5m from £4.3m on-year as revenue grew 22% to £79.8m, with like-fo
28-Aug-2019 08:39 AM

Loungers posts narrower losses as revenues jump 26%

Cafe and restaurant operator Loungers reported narrower annual losses as revenues rose by more than a quarter. For the 52 weeks ended 21 April 2019, pre-tax losses narrowed to £5.0m from £6.6m a year earlier as revenues surged 26.4% to &pou
12-Jun-2019 09:22 AM

Loungers continues to trade 'well,' opens new site in Somerset

Caf?-bar-restaurants operator Loungers said it continued to trade 'well' as it opened its 150 site - Fosso Lounge in Wells, Somerset The new site in Somerset now sees the company operate a total of 125 Lounges and 25Cosy Clubs. Since the be
06-Jun-2019 09:31 AM

Loungers expects to meet expectations as annual revenues rise 26%

Caf?s, bars and restaurant operator Loungers said annual revenues rose by more than quarter as efforts to increase its offering to a broader demographic paid off. Both the Lounge and Cosy Club brands had traded 'well throughout the year and since
04-Jun-2019 08:20 AM

Broker Forecast - Peel Hunt issues a broker note on

Peel Hunt today initiates coverage of (LON:LGRS) with a buy investment rating and price target of 285p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Jun-2019 11:00 AM

Broker Forecast - Liberum Capital issues a broker note on

Liberum Capital today initiates coverage of (LON:LGRS) with a buy investment rating and price target of 275p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...

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