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Tortilla Mexican Grill Names Duncan Garrood as Non-Executive Chair

Story Highlights
  • Tortilla Mexican Grill, Europe’s largest fast-casual Mexican chain, continues rapid international expansion.
  • The company appointed Duncan Garrood as Non-Executive Chair after completing all regulatory checks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tortilla Mexican Grill Names Duncan Garrood as Non-Executive Chair

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An update from Tortilla Mexican Grill Ltd. ( (GB:MEX) ) is now available.

Tortilla Mexican Grill plc, Europe’s largest fast-casual Mexican restaurant group, has appointed Duncan Garrood as Non-Executive Chair following the completion of all required regulatory and due diligence checks by its nominated adviser Panmure Liberum. The board-level change strengthens the company’s governance structure as it continues its international expansion strategy, underpinned by recent acquisitions and franchise partnerships, and signals a further professionalisation of leadership that may support its ambitions in the competitive fast-casual dining market.

The most recent analyst rating on (GB:MEX) stock is a Hold with a £39.00 price target. To see the full list of analyst forecasts on Tortilla Mexican Grill Ltd. stock, see the GB:MEX Stock Forecast page.

Spark’s Take on GB:MEX Stock

According to Spark, TipRanks’ AI Analyst, GB:MEX is a Neutral.

Tortilla Mexican Grill Ltd.’s overall stock score is primarily influenced by its financial challenges, including negative equity and profitability issues. However, positive technical indicators and strategic corporate events, such as leadership changes and strong UK EBITDA, provide some optimism. The negative valuation metrics, including a negative P/E ratio, weigh down the score.

To see Spark’s full report on GB:MEX stock, click here.

More about Tortilla Mexican Grill Ltd.

Tortilla Mexican Grill plc is Europe’s largest fast-casual Mexican restaurant brand, founded in 2007 and headquartered in London. The group operates 81 UK sites, 22 in France and 13 franchise stores in the Middle East, offering California-style burritos, tacos and salads via a quick-service, made-to-order model that emphasises fresh, largely plant-based ingredients, sustainability practices and affordable pricing. Growth has been accelerated through acquisitions of Chilango in the UK and Fresh Burritos in France, and through franchise partnerships with SSP Group, Compass UK & Ireland and Eathos, employing over 1,200 people and listing on the London Stock Exchange.

Average Trading Volume: 28,427

Technical Sentiment Signal: Hold

Current Market Cap: £16.43M

See more insights into MEX stock on TipRanks’ Stock Analysis page.

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