Good morning! Let’s see what’s in Tuesday‘s RNS.
We have updates from:
Hollywood Bowl (LON:BOWL)Air Partner (LON:AIR)YouGov (LON:YOU)Argo Blockchain (LON:ARB)Stock Spirits (LON:STCK)Motorpoint (LON:MOTR)Hollywood Bowl (LON:BOWL)
Share price: 231.6p (+2%)No. of shares: 150 millionMarket cap: £347 millionTrading StatementHollywood Bowl Group, (“Hollywood Bowl” or the “Group”), the UK’s largest ten-pin bowling operator, is pleased to announce another strong performance for the year to 30 September 2019.PBT is set to come in “slightly ahead of market expectations”.The prior forecast for PBT was £20.9 million.Like-for-like revenue growth is 5.5% – not bad. It’s easy to forget that like-for-like expenses tend to increase as well, perhaps by 3% or so. So the LfL revenue growth should be more than enough to offset that.Checking the archives, I see that rival company Ten Entertainment (LON:TEG) reported LfL sales growth of 7.4% in H2. As…
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