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EI Group PLC (EIGE.L)

EIGE.L on London Stock Exchange

285.20GBp
4:20pm IST
Change (% chg)

79.40 (+38.58%)
Prev Close
205.80
Open
286.00
Day's High
289.00
Day's Low
284.00
Volume
4,460,914
Avg. Vol
1,006,972
52-wk High
289.00
52-wk Low
143.56

Latest Key Developments (Source: Significant Developments)

EI Group Says Second Half Of Financial Year Has Started Well
Tuesday, 14 May 2019 

May 14 (Reuters) - EI Group PLC ::INTERIM RESULTS.GROWTH IN HY UNDERLYING EBITDA TO £140 MILLION (H1 2018: £139 MILLION).HY UNDERLYING PROFIT BEFORE TAX INCREASED TO £59 MILLION (H1 2018: £57 MILLION).HY LIKE-FOR-LIKE NET INCOME FOR PUBLICAN PARTNERSHIPS UP 1.9% (H1 2018: UP 0.6%) WITH GROWTH ACROSS ALL GEOGRAPHIC REGIONS.HY MANAGED PUBS LIKE-FOR-LIKE SALES GROWTH OF 6.0% (H1 2018: UP 6.6%).FURTHER £30 MILLION SHARE BUYBACK PROGRAMME, IN ADDITION TO £55 MILLION PROGRAMMES PREVIOUSLY ANNOUNCED IN THIS FINANCIAL YEAR.SECOND HALF OF FINANCIAL YEAR HAS STARTED WELL AND CURRENT TRADING IS IN LINE WITH OUR EXPECTATIONS.CONFIDENT THAT, DESPITE SOME CHALLENGING COMPARATIVE TRADING PERIODS AHEAD OF CO IN JUNE & JULY, CAN MAINTAIN GROWTH MOMENTUM FOR YEAR.  Full Article

EI Group HY Underlying EBITDA Falls
Tuesday, 15 May 2018 

May 15 (Reuters) - EI Group PLC ::EI GROUP PLC - HY UNDERLYING EBITDA OF £139 MILLION VERSUS £140 MILLION IN H1 2017.EI GROUP PLC - HY UNDERLYING PROFIT BEFORE TAX OF £57 MILLION VERSUS £57 MILLION IN H1 2017.EI GROUP PLC - FURTHER GROWTH IN NET ASSET VALUE TO £3.26 PER SHARE IN HY VERSUS £3.01 PER SHARE IN H1 2017.EI GROUP PLC - MAINTAINED GROWTH MOMENTUM IN LEASED AND TENANTED ESTATE DURING FIRST HALF OF YEAR.EI GROUP PLC - ON TRACK TO DELIVER POSITIVE LIKE-FOR-LIKE NET INCOME GROWTH IN LEASED AND TENANTED BUSINESS FOR FULL YEAR.EI GROUP PLC - MANAGED OPERATIONS CONTINUE TO TRADE WELL, WITH GOOD RETURNS ACHIEVED UPON CONVERSION.EI GROUP PLC - EXPECT FINANCIAL CONTRIBUTION FROM CONVERSIONS IN MANAGED OPERATIONS TO INCREASE IN COMING YEARS.  Full Article

EI Group Says ‍Like-For-Like Net Income Growth Of 0.5 Pct In 18 Weeks To Feb 3
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - EI Group Plc ::‍LIKE-FOR-LIKE NET INCOME GROWTH OF 0.5% IN 18 WEEKS TO 3 FEBRUARY 2018​.‍"MARKET CONDITIONS AND UNHELPFUL WEATHER HAVE HAD SOME IMPACT ON OUR PERFORMANCE THIS YEAR"​.PUBS THAT HAVE TRADED AS MANAGED PUBS THROUGHOUT BOTH 18 WEEKS AND PRIOR COMPARATIVE PERIOD DELIVERED LIKE-FOR-LIKE SALES GROWTH OF 6.8%​.  Full Article

UK's Slug and Lettuce owner to buy pub chain Ei for 1.3 billion pounds

Slug and Lettuce pub chain owner Stonegate on Thursday said it agreed to buy larger rival Ei Group for 1.27 billion pounds ($1.58 billion), taking control of some 4,000 additional pubs to become Britain's biggest pub operator.