The Barkby Group PLC (GB:ROAD) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Roadside Real Estate PLC has successfully sold off its last four pubs, marking a strategic shift to concentrate on its roadside real estate operations. The disposal involves the termination of leases at no cost and the transfer of operational responsibilities to PS91 Hospitality Ltd. This move comes after the pubs reported a pre-tax loss of approximately £0.8 million and follows the company’s plan to refocus its business model.
For further insights into GB:ROAD stock, check out TipRanks’ Stock Analysis page.