Time Out Group (TMO)

Sector:

Media

Index:

FTSE AIM All-Share

 52.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 54.00
  • 52 Week Low: 44.00
  • Currency: UK Pounds
  • Shares Issued: 340.23m
  • Volume: 224,796
  • Market Cap: £176.92m
  • RiskGrade: 111

Time Out cuts ribbon on market in New York City

By Josh White

Date: Friday 31 May 2019

LONDON (ShareCast) - (Sharecast News) - Media and entertainment company Time Out Group announced on Friday that Time Out Market New York was opening to the public later in the day, bringing "the best of the city under one roof", based on the editorial curation Time Out said it was known for.
The AIM-traded firm said the venue, spanning 21,000 square feet across two floors of the historic Empire Stores at 55 Water Street in Dumbo, Brooklyn, it would offer 21 eateries showcasing the city's food, three bars and a performance stage.

From its rooftop overlooking the East River, visitors would be able to enjoy panoramic views of the Brooklyn Bridge and Manhattan's skyline, the company explained.

"The first Time Out Market opened in 2014 in Lisbon as the world's first food and cultural market," said Time Out Group's board in its statement.

"Last year, Time Out Market Lisbon saw a record 3.9 million visitors, making it Portugal's most popular attraction.

"The second Time Out Market opened successfully in Miami on 9 May 2019, offering across 18,000 square feet 18 eateries led by the city's who's who of culinary talent, a demonstration kitchen, three bars and space to showcase local culture."

Time Out Group said that, as it was in the process of rolling out the successful format globally, new markets would also open throughout 2019 in Boston, Chicago and Montréal, followed by Dubai in 2020, London Waterloo in 2021 and Prague in 2022.

At the end of 2019 there would be six Time Out Markets in operation, with a total of 185,000 square feet, almost 4,000 seats and food from 120 of the world's "best" chefs, the firm added.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Time Out Group Market Data

Currency UK Pounds
Share Price 52.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 54.00
52 Week Low 44.00
Volume 224,796
Shares Issued 340.23m
Market Cap £176.92m
RiskGrade 111

Time Out Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.05% below the market average36.05% below the market average36.05% below the market average36.05% below the market average36.05% below the market average
51.11% below the sector average51.11% below the sector average51.11% below the sector average51.11% below the sector average51.11% below the sector average
Price Trend
30.43% above the market average30.43% above the market average30.43% above the market average30.43% above the market average30.43% above the market average
6.38% above the sector average6.38% above the sector average6.38% above the sector average6.38% above the sector average6.38% above the sector average
Income Not Available
Growth
30.86% above the market average30.86% above the market average30.86% above the market average30.86% above the market average30.86% above the market average
20.93% above the sector average20.93% above the sector average20.93% above the sector average20.93% above the sector average20.93% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Time Out Group Dividends

No dividends found

Trades for 14-Jun-2024

Time Volume / Share Price
16:27 30,000 @ 52.00p
16:20 20,000 @ 52.00p
13:13 69,172 @ 51.00p
12:25 50,000 @ 51.00p
12:21 50,000 @ 51.50p

Time Out Group Key Personnel

CEO Chris Ohlund
CFO Matthew Robert Phillip Pritchard

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