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RBG

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Revolution Bars – trading statement argues “our vision and strategy to delight our guests across all our brands is delivering”. Er, is it?!

Revolution Bars Group (RBG) commences a “Pre-Close Statement” announcement with that it “is pleased to update on the year ended 2 July 2023 which is anticipated to be in line with market expectations”. Good news then?

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By Steve Moore
66 days ago

RBG

Revolution Bars – argued “successful fundraising” shows contempt for private investors

Previously writing on Revolution Bars Group (RBG), in March with the shares at 29p I was cautious with assumptions on government restrictions having proven dangerous and also the debt and prior challenges. Now the self-styled “leading UK operator of 66 premium bars, trading under the Revolution and Revolución de Cuba brands, is pleased to announce the results of its Bookbuild launched yesterday”. Hmmm…

By Steve Moore
857 days ago

RBG

Revolution Bars – after weather last time, increased operating costs & economic and political uncertainties this

In June, previously writing on Revolution Bars Group (RBG) I questioned short of expectations in every conceivable weather environment?. Now a Christmas and half-year to 29th December 2018 trading update…