Tasty (AIM:TAST) – how about a bit more information!
The rapidly expanding branded restaurant operator of the Dim t and Wildwood restaurants offered up a brief set of interim results. This small group is highly rated and it would have been nice for a bit more information; perhaps the numbers speak for themselves!
Turnover for the period was up 24% to £17m, operating profit, before pre-opening costs, share based payments and interest, up 39% to £1.684m and pre-tax profit up 36% to £1.33m – that demonstrates considerable growth! Basic and diluted earnings per share for the period were 1.98p and 1.94p (2014 - 1.40p and 1.38p) a 41% and a 40% increase respectively over last year. The Group incurred capital expenditure of £4.3m in the period a significant kie on the comparable period’s £1.96m. 6 sites were opened in the period, with a further site opened since the period end and 4 currently…