Langton Capital – 2017-05-30- Carluccio’s, AB InBev, Ryanair & other:

May 30 2017

Carluccio’s, AB InBev, Ryanair & other:

A DAY IN THE LIFE:

Part of Langton is on the beach this week. The daily e-mail will still go out but in a shortened format:

PUB, RESTAURANT & DRINK PRODUCERS:

Carluccio’s has increased turnover in the UK by 2.7% to £140.9m in the year ending 26th September 2016, with EBITDA falling to £13.2m from £15m. The group currently operates 118 sites globally.

Novus Leisure has told the MCA that it plans to roll out its pizza and craft beer concept, Tank & Paddle, following the success of its first site in London’s Mincing Lane. A second site is to be opened in Bishopsgate later this year and third lined up for the west end.

AB InBev has applied to trademark the name Uproot Brewing, as the group sets to launch a new brand.

Vapiano steps up its regional expansions with a new site opening in Edinburgh this autumn, the MCA has reported. The Edinburgh site will have 290 covers and span three floors.

The digital platform for pubs and bars, useyourlocal.com has teamed up with the Worthington’s Darts Champion of Champions 2017 competition in a bid to promote local pubs and clubs hosting heats during June and July. Founder of useyourlocal, Stuart Mills said ‘useyourlocal.com is all about celebrating pubs and giving people reasons to visit them more often. Darts is the ultimate pub sport, so we’re happy to be partnering with this great competition and bringing it to a wider audience.’

Pizza Addomme has won the third annual London Pizza Festival, beating five other contestants including Radio Alice and Made of Dough. Pizza Addomme currently operates one site at Streatham Hill.

HOLIDAYS, LEISURE TRAVEL & HOTEL

Ryanair has established a five-point plan to grow European tourism by 10% and says that low-fare flights are a key driver of regional tourism and job creation. The five points include lowering airport costs and removing taxes on short-haul flights within Europe, addressing the accommodation shortage by lowering costs and building more hotels, and developing new regional resorts.

A US federal appeals court has ruled in favour of the block on Trump’s travel ban, after finding that the revised ban violated constitutional rights. The court said the president’s powers on immigration ‘were not absolute’ and that the ban was ‘intended to bar Muslims from this country’.

A drunken airline passenger has had his jail sentence more than doubled to nine and a half years for starting a fire at 33,000ft by discarding a burning cigarette end. Former soldier John Cox, 46, threw the cigarette butt in a toilet bin when on a Monarch flight from Birmingham to Sharm el-Sheikh in August 2015.

OTHER LEISURE:

Online soft gaming company, Stride Gaming, has announced the launch of its B2B division, Stride Together. The first joint venture on this platform will be with leading UK gaming operator Aspers Group Ltd and will launch in Q4.

RETAIL NEWS WITH NICK BUBB:

• Nick is taking a well-earned break, back Weds 31st.

Quick Links

Trading Statements, etc.

TRADING STATEMENTS & EVENTS:

Upcoming results are set out below:

• 31 May 17 AG Barr AGM

• 6 Jun 17 Vianet FY numbers

• 6 Jun 17 Gym Group AGM

• 7 Jun 17 Jackpot Joy AGM

• 7 Jun 17 Ten Entertainment AGM

• 7 Jun 17 Comptoir Group AGM

• 9 Jun 17 Fuller’s FY numbers

• 9 Jun 17 Richoux AGM

• 13-14 Jun 17 Fed interest rates’ meeting

• 14 Jun 17 Elegant Hotels H1 numbers

• 15 Jun 17 Bank of England MPC interest rates decision

• 20 Jun 17 Coca Cola HBC AGM

• 22 Jun 17 Saga AGM

• 28 Jun 17 Air Partner AGM

• 29 Jun 17 Greene King FY numbers

• 5 Jul 17 Ocado H1 numbers

• 13 Jul 17 DART Group FY numbers

• 13 Jul 17 SSP Group Q3 update

• 13 Jul 17 Bank of England MPC interest rates decision

• 24 Jul 17 Cranswick Q1 update & AGM

• 25-26 Jul 17 Fed interest rates’ meeting

• 26 Jul 17 Marston’s Q3 update

• 3 Aug 17 Bank of England MPC interest rates decision

• 4 Aug 17 William Hill H1

• 9 Aug 17 Stock Spirits H1 numbers

• 10 Aug 17 TUI Q3 update

• 10 Aug 17 Cineworld H1 numbers

• 24 Aug 17 Sportech H1 numbers

• 8 Sep 17 Greene King AGM

• 14 Sep 17 Bank of England MPC interest rates decision

• 19 Sep 17 Ocado Q3

• 19-20 Sep 17 Fed interest rates’ meeting

• 28 Sep 17 TUI Q4 & FY update

• 10 Oct 17 Marston’s FY trading update

• 12 Oct 17 Bank of England MPC interest rates decision

• 31 Oct 17 Fed interest rates’ meeting

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