Racing ahead

Article Abstract:

Brands Hatch Leisure has performed well following the company's flotation in 1996. Revenues from activities outside motor racing have been increased. The number of motor racing events has dropped and revenues have increased, while catering, corporate entertaining and other activities not related to racing are providing a growth area. The company aims to make acquisitions with the long term aim of developing a leisure group, though motor sport venures will be the initial aim.

Restaurants & Food Service, Food Services and Drinking Places, Racing, including track operation, Race Tracks, Racetracks, Racetracks (Horse racing), Brands Hatch Leisure

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Waterfall fallout

Article Abstract:

Little Waterfall Holdings carried out a stock issue in 1997 and the take-up was underestimated by its corporate adviser and joint broker, Beeson Gregory. The take-up was 67% rather than 43% as originally estimated. The company has suffered a drop in its stock price, while underwriters have had to buy more stocks than necessary, and are to be compensated by Beeson Gregory. Beeson Gregory puts the blame on First Leisure for delays relating to its allotment letter.

Securities, Little Waterfall Holdings

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Allied Leisure

Article Abstract:

Allied Leisure has carried out a number of deals and focuses on snooker clubs, which are performing well, bowling clubs, performing less well, and Burger King restaurants. The company's performance is assessed in further detail.

Limited-Service Restaurants, Fast Food Hamburger Restaurants, Fast food restaurants, Allied Leisure PLC

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