Page 22 - Bars Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Revolution Bars expects annual results to beat forecast as bars reopen Tue, 11th May 2021 10:52 (Alliance News) - Revolution Bars Group PLC on Tuesday reported a "rapid recovery" across sites in the UK and said it is expecting a further surge in demand over the summer months as the restrictions are lifted. The operator of 66 bars, trading under the Revolution and Revolucion de Cuba brands, said the 25 bars that have reopened for outdoor service have traded "extremely strongly", with sales running at 48% of pre-pandemic levels in the month to last Sunday. The company noted that in the bars whe...

Tue, 11th May 2021 10:52 (Alliance News) - Revolution Bars Group PLC on Tuesday reported a "rapid recovery" across sites in the UK and said it is expecting a further surge in demand over the summer months as the restrictions are lifted. The operator of 66 bars, trading under the Revolution and Revolucion de Cuba brands, said the 25 bars that have reopened for outdoor service have traded "extremely strongly", with sales running at 48% of pre-pandemic levels in the month to last Sunday. The company noted that in the bars where it has been able to trade outdoors, the available space represents o...

Re-opening Update Revolution Bars Group plc ("the Group" or "the Company"), a leading operator of 66 premium bars, trading under the Revolution and Revolucion de Cuba brands, welcomes the comments by the Prime Minister, Boris Johnson on England, further easing restrictions to allow indoor trading of our bars on 17 May 2021 and confirming that the Roadmap remains on track for a return to restriction free trading on 21 June 2021. 13 April 2021, the Company was excited to be able to recommence trading outside on 12 April 2021 in 20 bars, ready to bounce back to capture the pent-up demand an...

The boss of bar group Revolution has called on the Government to “follow the data” and consider easing restrictions sooner than scheduled as the company sank to a loss for the past half-year. Revolution Bars Group told investors on Tuesday that it slid to a £17.7 million pre-tax loss for the 26 weeks to December 26 after sales were battered by the pandemic. The company’s chief executive Rob Pitcher told the PA news agency there was reason for positivity after around third of its venues reopened on Monday. “Yesterday was a great day for us, our teams and customers, even if it was snow...

Rocketing Babcock pushes up FTSE 250 Shares in Babcock rose by around a third on Tuesday. (Babcock/PA) The smaller of London’s two biggest indexes managed to outperform its larger rival as shares in Babcock surged on Tuesday. The FTSE 250 ended the day up 0.5% while the FTSE 100 was practically flat, ending up just 1.37 points to 6,890.49. The difference between the two was in no small part because of Babcock. The defence contractor surprised investors with the announcement that it would slash around 1,000 jobs and wrote down £1.7 billion. But investors rewarded the move with a 32% share p...