Manchester bar group warns of tough 12 months ahead
Manchester based Revolution Bars is warning of a tough 12 months ahead due to the uncertain economic and political situation.
As a result, the firm is predicting its EBITDA for the full year to be approximately £12m - a fall of £3m.
Revolution Bars operates 79 venues across the UK under the Revolution and Revolucion de Cuba brands.
In October Revolution Bars announced it was ditching plans to buy nightclub chain Deltic.
The firm said in a statement to the Stock Exchange it would not be in the shareholders’ best inter... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...