Loungers plc (AIM: LGRS)

London flag London · Delayed Price · Currency is GBP · Price in GBX
306.00
+2.00 (0.66%)
Dec 20, 2024, 5:15 PM GMT+1
35.40%
Market Cap 318.10M
Revenue (ttm) 353.49M
Net Income (ttm) 9.12M
Shares Out 103.95M
EPS (ttm) 0.08
PE Ratio 36.00
Forward PE 24.91
Dividend n/a
Ex-Dividend Date n/a
Volume 179,605
Open 304.00
Previous Close 304.00
Day's Range 304.00 - 308.00
52-Week Range 192.00 - 318.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 27, 2024

About Loungers

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom. [Read more]

Industry Restaurants
Founded 2002
Employees 7,500
Stock Exchange London Stock Exchange AIM
Ticker Symbol LGRS
Full Company Profile

Financial Performance

In 2024, Loungers's revenue was 353.49 million, an increase of 24.68% compared to the previous year's 283.51 million. Earnings were 9.12 million, an increase of 31.68%.

Financial Statements

News

Loungers shareholder 'furious' at £338m deal

Fund manager Downing said it was 'absolutely furious' about the proposed deal. And Gresham House said it would 'vote against this transaction'.

21 days ago - This is Money

TI Fluid Systems accepts £1 billion takeover bid from Canada's ABC Technologies

Takeover comes the day after bar and restaurant operator Loungers agreed to a £338 million offer from New York private equity giant Fortress Investment.

22 days ago - Evening Standard

Small Cap Stocks: RBG, Hummingbird, Loungers

RBG, Hummingbird, Loungers, Beacon Energy, ADVFN are today's biggest Small Cap stock movers

22 days ago - The Armchair Trader

Flurry of takeover activity sweeps UK market

Renewi and Loungers both agree deals while Direct Line rebuffs approach

23 days ago - Financial Times

UK hospitality group Loungers to be bought by US firm for £338m

London-listed company strikes deal with Fortress Investment Group, although shareholder approval needed The cafe bar business Loungers has agreed to be bought by a US investment group in a deal that v...

23 days ago - The Guardian

Loungers strikes deal to be bought by US investment firm for £338m

Fortress Investment Group said it has made an offer for the UK hospitality group through a newly-formed investment vehicle.

23 days ago - Evening Standard

Loungers snapped up by US private equity firm in £338 million takeover

Loungers directors said their shares were undervalued and illiquid and they have been looking for a buyer for some months

23 days ago - Evening Standard

Three Quick Facts: Direct Line, Loungers, Dr Martens

Aviva’s approach for Direct Line confirmed – and rejected, Loungers set to fold to private equity bid, headwinds persist at Dr Martens

23 days ago - The Armchair Trader

Hospitality firm Loungers to open 18 venues in next six months

Nick Collins, chief executive of the group, said he was delighted with its recent performance and sales growth.

2 months ago - Evening Standard