The Restaurant Group’s key objective is to increase shareholder value and the strategy deployed to achieve this is to build a business capable of generating long-term sustainable and expanding cash flows. In pursuit of this we have focused our business on the growing casual eating-out market. We have targeted segments of this market which offer distinct barriers to entry, where we can be confident of delivering good growth in profits and cash flows and where there is considerable potential for high returns on investment.
This has led the Group to focus our activities in three areas – Leisure, Concessions and Pub Restaurants. The Group operates in the expanding casual dining market, and our offerings continue to provide good value for money in comfortable surroundings with excellent service from our dedicated teams.
The Group’s strategy is set to deliver further organic growth through the roll-out of our brands, in particular Frankie & Benny’s, Chiquito and Brunning & Price. We have a robust pipeline of sites for development, coupled with a strong focus on continuing to deliver like-for-like sales growth from our existing restaurants. Our Concessions business operates in a dynamic and multi-faceted market, where our management teams have market-leading expertise in delivering exciting food and drink concepts for our clients. We are proud to deliver fabulous food and excellent service fired by a passion for what we do.