Comptoir (#COM) – H1 another loss, argues “operational improvements… provide a strong foundation for sustainable performance despite the external pressures”

Comptoir – “pleased to announce that Nathan Portelli… will move into the Finance Director role later in the year”, But…

In 2024 “Lebanese and Middle Eastern inspired restaurants” group Comptoir (COM) was “pleased to announce the appointment of James Fisher as Finance Director… finalises the restructure of the senior leadership team”, now it’s “pleased to announce that Nathan Portelli, who is currently Head of Finance, will move into the Finance Director role later in the year… James Fisher has informed the board of his intention to step down as Finance Director”. How ‘pleasing’ really is this then?

Comptoir (#COM) – Finance Director James Fisher “intention to step down”

Comptoir Group – trading update and ‘meet the new management’… it’s the same as the old management!

“Lebanese, Middle Eastern and North African inspired restaurants” group with 22 owned restaurants and a further six franchisee restaurants, Comptoir (COM) states that it “is pleased to announce a Trading Update for the financial year ending 29 December 2024”. So why are the shares at 3.25p comparing to 7.5p at the start of 2024?

Comptoir (#COM) – H2 LFL sales +2.9%, board resignations with former CEO Chaker Hanna set for return

Comptoir (#COM) – expects 2023 revenue slightly up to approx. £31.5m, “looks to the year ahead with confidence”

Comptoir – interims include “trading and the overall outperformance of our peers is encouraging”. Is it really?…

Lebanese and Middle Eastern restaurants group Comptoir (COM) states that it “is pleased to announce its interim results for the six-month period ended 2 July 2023”. However what of the shares, having recently risen to above 7p, currently falling back to 6p?

Comptoir (#COM) – H1 swing to loss, macro challenges mean currently it “remain cautious”

Comptoir (#COM) – H1 swing to profit, though “cautious about the immediate-term outlook”

Comptoir Group – founder gets his resignations, but not cheaply!

Previously writing on Lebanese and Eastern Mediterranean restaurants group Comptoir (COM), in June I noted founder, Creative Director and 47.6% shareholder Tony Kitous voting against AGM resolutions including the re-election of Richard Kleiner as Chairman and that, if the Chairman and CEO Chaker Hanna don’t resign, a director change General Meeting would be requisitioned. There has now been a “Board changes and appointment of Nomad & Broker” announcement.

Comptoir Group – founder seeks resignation of both Chairman and CEO

Lebanese and Eastern Mediterranean restaurants group Comptoir (COM) has announced that it has received a proxy form and a letter from founder, Creative Director and 47.6% shareholder Tony Kitous voting against, at its AGM this week, the re-election of Chairman Richard Kleiner and the directors having authority to allot shares. Further the letter states that if the Chairman and CEO Chaker Hanna don’t resign, a director change General Meeting would be requisitioned.

Comptoir Group – full-year results, is “great confidence” justified?

Lebanese and Eastern Mediterranean restaurants group with the Comptoir Libanais and Shawa brands, Comptoir (COM) is “pleased to report on the group's annual results for the 52-week period ended 2nd January 2022… look to 2022 and beyond with great confidence” – and the shares have currently responded more than 40% higher towards 8p.

Comptoir (#COM) – 2021 results, notes now government support end but argues “optimism”

Comptoir (#COM) – “all 21 company owned and 3 franchise managed sites have now reopened to trade”

Comptoir Group – how confident can it be of it to “emerge all the stronger out of this crisis”?...

Lebanese and Eastern Mediterranean restaurants group Comptoir (COM) has announced results for the first half of 2020 including noting “challenging” market conditions but “greatly encouraged by the strength of the Comptoir brand… confident that we will emerge all the stronger out of this crisis, working in collaboration with all of our partners, as consumer confidence lifts”. Hmmm...

Comptoir – restaurant re-opening plans another reminder of sector and its landlords challenges...

Comptoir (COM), the Lebanese and Eastern Mediterranean restaurants group with 30 restaurants including 6 franchised sites, has updated “re: Restaurant Reopenings” – and the shares have currently responded to 4.20p, approaching 10% lower...

Comptoir (#COM) – plans to start re-opening some restaurants from 4th July, “in discussions with all its restaurant landlords about future lease obligations”

Comptoir (#COM) – H1 “ahead of the same period in 2018… in line with management expectations”

Comptoir (#COM) – LFL sales growth & margins “ahead of last year… in line with management expectations”, “confident in the outlook”

Comptoir Group – “pleased… in line with market expectation”… but how pleasing really?

Lebanese and Eastern Mediterranean restaurants group Comptoir (COM) is “pleased to report that trading for the 52 weeks to 31st December 2018 was in line with market expectation with the expected strong finish to the second half of the year” and that “the directors continue to be excited by the prospects of the group”. The shares have responded 5% higher to 10.5p – though that compares to a 50p price of just a June 2016 AIM IPO. So what’s the story here?...