Comptoir Group says trading in line
Comptoir Libanais owner Comptoir Group said on Wednesday that trading for the 26 weeks to the end of June was in line with management expectations and ahead of the previous year.
Comptoir Group
6.83p
09:00 25/04/24
1.23%
0.08p
FTSE AIM All-Share
755.70
13:25 25/04/24
n/a
n/a
Travel & Leisure
7,598.00
13:25 25/04/24
-0.42%
-32.10
The group said it continues to take "a cautious approach" to selecting new site openings and is exploring several opportunities for both organic growth and further franchise opportunities. It currently operates 25 managed restaurants and four 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."
At 0940 BST, the shares were up 2.5% to 12.82p.