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Results: MEX

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Tortilla Mexican Grill – The Times they are a changing ( and not for the better)

An upbeat trading statement from Tortilla Mexican Grill (MEX) tries to paint a bright picture for this member of the shamed IPOs class of 2021 - listing at 180p on October 8 with founders dumping £23 million of stock, share price today 125p. But buried deep in the release is a clear warning of troubles ahead.

By Tom Winnifrith
2022-07-18 10:34:54

NEWSFLOW

Tortilla Mexican Grill (#MEX) – emphasises H1 revenue growth, more challenging operating conditions towards period-end

2022-07-18 07:48:57

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Tortilla Mexican Grill dumps auditor, nine months after IPO: red flag?

Tortilla Mexican Grill (MEX), the mid-market restaurant chain, has announced that just nine months after its IPO, it has dumped existing auditors, Blick Rothenburg. And after a competitive tender, it has appointed Haysmacintyre LLP as its new statutory auditor. Odd timing: is this a red flag?