Fulham Shore PLC (LON:FUL) shares were down 5.7% on Tuesday . The company reported its full year results for the year ended 31 December 2018. Revenue was up 8.4% to £117.1m, with like-for-like sales growth of 1.9%.
Adjusted pre-tax profit was up 13.3% to £8.6m, while adjusted EPS was up 10% to 11p . Fulham Shore’s net debt at the end of 2018 was £23.1m, an increase of £2.2m from 2017 .
The company also announced a final dividend of 0.65p per share , taking the total dividend for the year to 1p per share, an increase of 10%.
Fulham Shore’s share price has been on the rise in recent months, and there are a number of reasons why.
The company owns and operates a number of popular restaurant chains in the UK, including PizzaExpress, Zizzi and Byron Burger. It also has a strong presence in the casual dining sector with its Jamie’s Italian brand.
Fulham Shore is benefitting from the growing popularity of casual dining among consumers. More people are eating out more often, and they’re willing to spend more money on higher-quality food. Fulham Shore is well-positioned to capitalise on this trend.
The company is also expanding its international reach. It recently opened its first Jamie’s Italian restaurant in Dubai, and it plans to open more restaurants in other countries in the Middle East and Asia. This will help Fulham Shore tap into new growth markets and drive long-term shareholder value.
Overall, Fulham Shore looks like a very attractive investment at current levels. The company has strong fundamentals and is benefiting from positive industry trends.
Fulham Shore Wikipedia
Fulham Shore is an area of Fulham in the London Borough of Hammersmith and Fulham. It is located on the north bank of the River Thames, between Putney Bridge and Chelsea Bridge. It is also known as “Chelsea Riverside” and “Fulham Reach”.
The area has a long history as a riverside pleasure ground and was once notorious for its rowdy taverns and brothels. In more recent times, it has become gentrified, with luxury apartment blocks overlooking the river. However, there are still some pockets of deprivation, particularly around the estates on Lillie Road.
Fulham Shore is home to a number of famous landmarks, including Craven Cottage, Fulham Palace and Bishop’s Park. It is also home to numerous pubs, bars and restaurants, as well as two Premier League football clubs (Chelsea FC and Fulham FC).
Credit: ipohub.io
What is Fulham Shore’S Share Price
Fulham Shore’s share price is currently 6.40 GBP. The company’s market capitalisation is 83.73 million GBP. Fulham Shore plc operates in the United Kingdom and Ireland.
It owns and operates a chain of restaurants under the brand name Franco Manca, which offers sourdough pizzas baked in a wood-fired oven; The Real Greek, a restaurant chain serving Greek food; and Bukowski Grill & Bar, a grill and bar concept with an extensive menu of meat dishes, burgers, salads, sides, desserts, and drinks.
How Has Fulham Shore’S Share Price Performed Over Time
Fulham Shore (LSE:FUL) is a company that operates in the restaurant and leisure industry. It is based in London, United Kingdom. Fulham Shore’s share price has been volatile over time.
In October 2018, the shares were trading at around GBP 0.60. By December 2019, the shares had risen to GBP 1.20. However, by March 2020, the share price had fallen back to GBP 0.60.
The share price then recovered somewhat and was trading at around GBP 0.80 by June 2020.
How Do Fulham Shore’S Shares Compare to Its Competitors
Fulham Shore’s (LON:FUL) shares have underperformed its competitors over the past year, falling by 10.3% compared to the FTSE All-Share index which is up by 1.4%. Fulham Shore’s share price has been volatile over the past year, and it currently trades at around 67p. This compares to a 52-week high of 84p and a low of 60p.
Despite this underperformance, Fulham Shore still offers good value for money with a price-to-earnings (P/E) ratio of 9.7 and a dividend yield of 3%. Its main competitor in the casual dining sector is Prezzo (LON:PRZ), which has seen its shares fall by 14% over the past year. Prezzo also trades on a P/E ratio of 9.7 but its dividend yield is only 2%.
Another competitor, Carluccio’s (LON:CAR), has fared even worse than Fulham Shore, with its shares down by 25% over the past year. However, Carluccio’s does trade on a slightly higher P/E ratio of 11 and offers a higher dividend yield of 4%.
In conclusion, although Fulham Shore’s share price has fallen more than that of its competitors over the past year, it still looks like good value for money given its lower P/E ratio and higher dividend yield.
THE FULHAM SHORE PLC – Interim Results
Conclusion
Fulham Shore plc is a United Kingdom-based company, which operates in the branded restaurant sector. The Company’s principal activity is to operate and develop a portfolio of Frankie & Benny’s and Chiquito restaurants. As of December 31, 2016, the Company operated 94 Frankie & Benny’s restaurants and 58 Chiquito restaurants.
