(Alliance News) – The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Time Out Group PLC – London-based media and hospitality firm – Gross revenue in the six months ended December rises 68% on-year to GBP53.8 million from GBP32.0 million in 2021. Net revenue, which strips out concessionaire share, rose 60% to GBP39.5 million from GBP24.7 million a year prior. Time Out says its pretax loss widens to GBP12.5 million from GBP10.5 million. Administrative expenses were 45% higher at GBP38.6 million from GBP28.2 million. “We are encouraged by the momentum and progress we have seen across the business,” Chief Executive Chris Ohlund says. The company operates two divisions, Time Out Market and Time Out Media. The market arm is focused on its operated bars, as well as events and sponsorship. Media…
