Tasty plc (AIM:TAST) – positive statement but a cautious outlook
Tasty plc and its subsidiary trading company, Took Us A Long Time Ltd (Tasty) is a branded restaurant operator in the UK casual dining market. Tasty’s trading brands are Dim T, the Asian restaurant group and Wildwood restaurants.
The company is currently trading from 39 branches across the UK, having opened seven new Wildwood restaurants in 2014, and has plans for continued expansion.
Today the Group announced their financial results for the year ended 31st December 2014.
Revenue for the year was up 28% on last year to £29.7m (2013: £23.2m). Operating profit before pre-opening costs and non-trading items was up 34% on last year at £3.09m (2013: £2.30m). Pre-opening costs…
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