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Various Eateries – full-year results argue “returning to an adjusted EBITDA profit is a great achievement”, but is it?…

By Steve Moore | Tuesday 4 February 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Most recently writing on Coppa Club and Noci restaurants, clubhouses and hotels in the UK company Various Eateries (VARE), in November with the shares up to 18p I questioned its arguing “a strong position” with a “healthy” financial position. So what of now results for its year ended 29th September 2024 headlined “Resilient trading with growing momentum as the year progressed”?

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