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Hybridan Small Cap Feast - 11 November 2024

* A corporate client of Hybridan LLP ** Potential means Intention to Float (ITF) has been announced, or it is a rumour ***Arranged by type of listing and date of announcement ****Alphabetically arranged Share prices and market capitalisations taken from the current price on the day of publication Dish of the day Admissions: None Delistings: Live Company Group (LVCG.L) has delisted from the AIM market What’s baking in the oven? ITF announced:*** Potential** Initial Public Offerings: 31 October 20...

John Cummins
  • John Cummins

Various Eateries (VARE LN) - FY24 revenue ahead; LFL sales up 4% in Q4...

Various Eateries is an owner, developer and operator of all-day club, restaurant and hotel sites in the UK. This morning, the group has announced a trading update for the year ended 30 September 2024, reporting revenues ahead of expectations at £50.5m (Zeus est. £47.8m), underpinned by continued new openings and a solid LFL sales performance. Despite facing continued headwinds from National Minimum Wage (NMW) increases, EBITDA is expected to be marginally ahead of expectations, reflecting a cred...

Kate Heseltine
  • Kate Heseltine

Various Eateries - Raring to go!

Various Eateries (VE) continues to deliver on its Q320 IPO aspirations with ‘extremely strong’ trading since reopening in April and confirmation of prime site expansion on advantageous terms. In particular, its main brand Coppa Club grew like-for-like sales by 28% on 2019 in its first five weeks of indoor and outdoor dining from 17 May (UK restaurant market like-for-like sales up 8% in June, per Coffer CGA Business Tracker). Similarly, in the half to March 2021, business was encouraging when all...

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