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COMPTOIR GROUP PLC Earnings Release 2019

Jul 24, 2019

7570_rns_2019-07-24_28a79a70-dbf0-4ee4-a635-7f3c62c0d77c.html

Earnings Release

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National Storage Mechanism | Additional information

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RNS Number : 4781G

Comptoir Group PLC

24 July 2019

24 July 2019

Comptoir Group Plc ("Comptoir", "Group" or the "Company")

 Pre-Close Trading Update

Comptoir Group Plc (AIM: COM), the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, today announces a pre-close trading update for the 26-week period ending 30 June 2019.

The Directors are pleased to report that trading for the 26 weeks to 30 June 2019 was in line with management expectations and ahead of the same period in 2018.

The Board continues to take a cautious approach to selecting new site openings and is exploring multiple opportunities for both organic growth and further franchise opportunities. The Company currently operates 25 managed restaurants and 4 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.

For further information, please contact:
Comptoir Group plc

Chaker Hanna, CEO

Mark Carrick, CFO
Tel: +44 (0)20 7486 1111

Tel: +44 (0)20 7317 0409
Canaccord Genuity Limited (NOMAD and Broker)

Bobbie Hilliam

Georgina McCooke
Tel: +44 (0)20 7523 8000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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