Tortilla Mexican Grill Ltd. (GB:MEX) has released an update.
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Tortilla Mexican Grill Ltd. anticipates surpassing its revenue guidance for the UK, driven by a robust sales recovery following the implementation of its “Vital 5” strategic plan. The company is also strengthening its position in France with a fully recruited management team and a new central kitchen expected to be operational by January 2025. Despite short-term profitability impacts due to rebranding delays, Tortilla remains optimistic about its long-term expansion goals in Europe.
For further insights into GB:MEX stock, check out TipRanks’ Stock Analysis page.
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