Shares in AIM-quoted bars and nightclubs outfit Ultimate Leisure have
been marked down 14 per cent to 243.5p, a new 52-week low, after a
profits warning for the year to June.
‘Casinos out, gee-gees in’
'Urbium is the best buy, Regent Inns the worst'
North-East-based bar and nightclub operator Ultimate Leisure continued to boom during the year to June, with pre-tax profits up 33 per cent to £4.2 million and earnings up 28 per cent to 19.2p a share. Ben Cobley reports.
Newcastle is one of the world's top ten party cities. Geordies know how to enjoy themselves. That's the view at Newcastle-based pubs and clubs group Ultimate Leisure, which is producing figures to support the assertion.
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