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 opens its biggest US market so far in Chicago

By Josh White

Date: Thursday 21 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Media and leisure company Time Out Group announced on Thursday that Time Out Market Chicago had opened to the public.
The AIM-traded firm said the venue, occupying three floors, would showcase an "outstanding lineup" of 18 of the city's best chefs and restaurateurs, including two with Michelin stars in their own restaurants.

There would also be three bars, a demonstration kitchen, an events kitchen, an entertainment platform with bleacher seating and an "all-season rooftop bar", with skyline views.

Located at 916 W Fulton Market in the city's West Loop neighbourhood, it was the firm's largest location in North America, totalling 50,000 square feet.

"The first Time Out Market opened in 2014 in Lisbon and today the food and cultural market remains Portugal's most popular attraction with 3.9 million visitors in 2018," the board explained in its statement.

"Following this success, five new Time Out Markets opened in North America this year in Miami and New York in May, in Boston in June, in Montréal in November, and in Chicago today.

"The six Time Out Markets now offer food from 120 of the best chefs of these cities, occupying 185,000 square feet and accommodating almost 4,000 seats."

The company said the global roll out of the successful format was continuing with Time Out Market openings in Dubai in 2020, London Waterloo in 2021, and in Prague thereafter.

Time Out said it was continuing to scope new locations.

At 1601 GMT, shares in Time Out were down 1.37% at 125.75p.

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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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