Loungers (LGRS)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM 100

267.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 284.00
  • 52 Week Low: 182.50
  • Currency: UK Pounds
  • Shares Issued: 103.83m
  • Volume: 63,965
  • Market Cap: £277.22m
  • RiskGrade: 184

Loungers steams ahead with 'rapid site rollout'

By Iain Gilbert

Date: Thursday 18 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Cafe-bar and restaurant chain operator Loungers has continued its "rapid site rollout", with an opening every 10 days so far this year.
Loungers said on Thursday that, in the last three months, it has opened new Lounges in Bromsgrove, Chepstow, Macclesfield, Westwood Cross, Bracknell, Ilkley, Sidcup and Yeovilr, with the sites ranging from brand new developments to former banks, retail outlets and restaurants on the high street and in shopping centres.

The AIM-listed group now operates out of 257 total sites across the UK.

Alex Reilley, chief executive of Loungers, said: "With a new site opening every 10 days so far this year across a wide variety of locations in the UK, Loungers continues to go from strength to strength with a fantastic pipeline ahead. We still firmly believe that there is scope for over 600 Lounges, and are more excited than ever about the future of this business."

As of 1025 BST, Loungers shares were down 1.73% at 212.26p.







Reporting by Iain Gilbert at Sharecast.com

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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.

 

Loungers Market Data

Currency UK Pounds
Share Price 267.00p
Change Today -1.00p
% Change -0.37 %
52 Week High 284.00
52 Week Low 182.50
Volume 63,965
Shares Issued 103.83m
Market Cap £277.22m
RiskGrade 184

Loungers Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.94% below the market average16.94% below the market average16.94% below the market average16.94% below the market average16.94% below the market average
15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average
Price Trend
85.44% above the market average85.44% above the market average85.44% above the market average85.44% above the market average85.44% above the market average
92.73% above the sector average92.73% above the sector average92.73% above the sector average92.73% above the sector average92.73% above the sector average
Income Not Available
Growth
74.42% below the market average74.42% below the market average74.42% below the market average74.42% below the market average74.42% below the market average
96.08% below the sector average96.08% below the sector average96.08% below the sector average96.08% below the sector average96.08% below the sector average

Loungers Dividends

No dividends found

Trades for 24-Jun-2024

Time Volume / Share Price
16:17 18,700 @ 267.50p
15:58 437 @ 262.00p
14:54 360 @ 262.00p
13:50 601 @ 262.50p
12:36 290 @ 262.00p

Loungers Key Personnel

CEO Nick Collins
CFO Stephen Marshall

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