Revolution Bars (GB:RBG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Revolution Bars Group plc has successfully had its Restructuring Plan sanctioned by the court, which is anticipated to enhance annual EBITDA by approximately £3.8 million. The plan aims to ensure financial stability and a platform for recovery by amending liabilities, exiting unprofitable leases, and reducing rents. With the recapitalization through a £12.5 million fundraising, the company is poised for future opportunities with a diversified portfolio of 65 bars and pubs.
For further insights into GB:RBG stock, check out TipRanks’ Stock Analysis page.
