13 November 2024
Loungers
plc
Notice of Interim
Results
Loungers plc (LSE:
LGRS), a leading operator of all-day
café/bar/restaurants across the UK under the Lounge, Cosy Club and
Brightside brands, will be announcing its
interim results for the 24 weeks ended 6 October 2024 on the
morning of Thursday 28 November 2024.
Alex Reilley, Chairman, Nick
Collins, CEO, and Stephen Marshall, CFO, will be hosting an
analyst briefing at 9.30am GMT that morning at the offices of Peel
Hunt, 7th Floor, 100 Liverpool St, London EC2M 2AT.
For further information, please
contact Sodali & Co on the details below.
Enquiries:
Notes to Editors
Loungers operates through its three
established complementary brands - Lounge, Cosy Club and Brightside
- in the UK hospitality sector. A Lounge is a neighbourhood
café/bar combining elements of coffee shop culture, the British pub
and dining. There are 238 Lounges nationwide. Lounges are
principally located in secondary suburban high streets and small
town centres. The sites are characterised by informal, unique
interiors with an emphasis on a warm, comfortable atmosphere, often
described as a "home from home".
Cosy Clubs are more formal
bars/restaurants offering reservations and table service but share
many similarities with the Lounges in terms of their broad, all-day
offering and their focus on hospitality and culture. Cosy
Clubs are typically located in city centres and large market
towns. Interiors tend to be larger and more theatrical than
for a Lounge, and heritage buildings or first-floor spaces are
often employed to create a sense of occasion. There are 36
Cosy Clubs nationwide.
Brightside is a roadside dining
concept and was launched in November 2022. The first Brightside
location opened on the A38, south of Exeter, in February 2023, with
the second opening in Saltash near Plymouth in June 2023 and the
third in Honiton on the A303 in August 2023.
Loungers has a total of 277 sites in
its portfolio across the three brands.
