Carluccio's continues to grow

1st April 2009, 12:54pm

Trading across Carluccio's stores has continued to perform in line with the board's expectations, with turnover soaring by 14% in the 26 weeks to 29 March, according to the group's latest interim results.

The company's first store in the Middle East opened in Dubai during March 2009 and the board is encouraged by early customer responses. This is the second international store operating under franchise and means that the company now trades from 42 locations.

Three stores have been opened in the UK during the current financial year at Leicester, Bristol and Earlsfield, South West London where trading continues ahead of expectation.  

The report stated that the company's positive cash balance is, and is expected to remain a key differentiating factor, and should facilitate a quick response to future expansion opportunities that may arise".

Carluccio's Italian restaurant group trades all day with a low average spend in the caffe of £12 per head. 

Related Articles:

• 01 Apr 2010 - Trading across Carluccio's stores is ahead of expectations
• 16 Mar 2010 - Carluccio's switches off for Earth Hour
• 05 Feb 2010 - Restaurant chain Carluccio's is on target to open five more stores this year
• 14 May 2009 - Behind the scenes at Carluccio's
• 04 Feb 2008 - Carluccio's reports strong growth

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