The Fulham Shore (FUL)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

 10.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 17.50
  • 52 Week Low: 9.20
  • Currency: UK Pounds
  • Shares Issued: 634.77m
  • Volume: 91,429
  • Market Cap: £65.06m

Fulham Shore trades 'well' during April and May

By Iain Gilbert

Date: Wednesday 08 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Franco Manca parent company Fulham Shore said on Wednesday that it has continued to trade "well" and in line with management expectations during both April and May.
Fulham Shore stated that tourists seem to have returned to London's West End and much of the rest of the UK but noted that a "small number" of Franco Manca and Real Greek restaurants located in areas with a high proportion of offices still had "a way to go" before returning to pre-pandemic levels.

The AIM-listed group added that industry-wide cost pressures had been mitigated by some menu inflation, successful negotiations on rent reviews, and strong trading across the group's restaurants in suburban areas and shopping centres.

Fulham Shore also noted that its net cash position before lease liabilities recognised under IFRS 16 was £3.6m as of 6 June and said it had undrawn bank facilities of £15.9m, providing it with "substantial financial headroom" of over £19.0mm.

"Trading has rebounded positively from the various Covid-19 interruptions and new openings in both of the businesses are performing strongly," said the group.

"Our customer numbers continue to grow and we have an expansion programme targeting prime new locations benefitting from historically low rental levels, the likes of which have not been seen for many years."

As of 0925 BST, Fulham Shore shares were up 5.26% at 15.0p.



Reporting by Iain Gilbert at Sharecast.com

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FUL Market Data

Currency UK Pounds
Share Price 10.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 17.50
52 Week Low 9.20
Volume 91,429
Shares Issued 634.77m
Market Cap £65.06m

FUL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.61% above the market average22.61% above the market average22.61% above the market average22.61% above the market average22.61% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
33.33% below the market average33.33% below the market average33.33% below the market average33.33% below the market average33.33% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income Not Available
Growth
59.28% above the market average59.28% above the market average59.28% above the market average59.28% above the market average59.28% above the market average
74.60% above the sector average74.60% above the sector average74.60% above the sector average74.60% above the sector average74.60% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FUL Dividends

No dividends found

Trades for 30-Jan-2023

Time Volume / Share Price
15:46 5,014 @ 10.17p
11:45 11,191 @ 10.17p
10:22 94 @ 10.16p
08:31 75,000 @ 10.15p
08:10 30 @ 10.50p

FUL Key Personnel

Finance Director Nicholas Chi Wai Wong

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