Comptoir Group Plc (AIM: COM), the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, is pleased to today announce a pre-close trading update for the 52-week period ending 31st December 2018.
The Directors are pleased to report that trading for the 52 weeks to 31st December 2018 was in line with market expectation with the expected strong finish to the second half of the year.
Two additional Comptoir Libanais sites successfully opened in 2018; Birmingham (March) and London Bridge (November). The Company also opened its second franchise site with HMS Host in Cheshire Oaks (November). The Company ended the year with 27 managed restaurants and 4 franchise sites.
The Company retains a strong balance sheet and the Directors continue to be excited by the prospects of the Group.