Fulham Shore, the owner of Franco Manca and The Real Greek, expects to report results in line with market expectations following the conclusion of its fiscal year, ending 27 March.
The chain will release its annual accounts in early July 2016, but investors are unlikely to get any surprises according to the update in which it also confirmed the imminent launch of four new Franco Manca sites.
During the last financial year the group has opened one branch of The Real Greek, seven Franco Manca pizzerias and one Bukowski Grill, under a franchise agreement.
This takes Fulham Shore’s estate to 29 restaurants, comprising 9 The Real Greek, 19 Franco Manca and 1 Bukowski Grill.
“Fulham Shore is on site and planning to open a further four Franco Manca restaurants in time for summer 2016, including the first two Franco Manca pizzeria outside of London, in Guildford and Brighton,” it stated. “The company continues to build its pipeline of new restaurant openings and to review further investment opportunities.”
Fulham Shore added that it has also implemented the government’s National Living Wage for all employees, including those under 25-years-old. “This has been fully budgeted for in the company’s growth plans,” it stated.