Nando's slides to a pre-tax loss despite strong sales and is set for further cost pressures
Summary
Nando's is set for further cost pressures after sliding to a loss, the Evening Standard and The Independent reported on Wednesday 4 November, boss Rob Papps stressing that the company's performance was 'positive' in the face of a challenging backdrop for the sector. The Independent headlined that Nando's reported a pre-tax loss despite strong sales and expansion plans.
Latest: Nando's is set for further cost pressures after sliding to a loss, the Evening Standard and The Independent reported, boss Rob Papps stressing that the company's performance was 'positive' in the face of a challenging backdrop for the sector, and The Independent headlined that Nando's reported a pre-tax loss despite strong sales and expansion plans.
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How it unfolded
Wednesday 4 November
Nando's is set for further cost pressures after sliding to a loss, the Evening Standard and The Independent reported, boss Rob Papps stressing that the company's performance was 'positive' in the face of a challenging backdrop for the sector, and The Independent headlined that Nando's reported a pre-tax loss despite strong sales and expansion plans.
- 02:23The Independent Nando's reports pre-tax loss despite strong sales and expansion plans
- 02:00Evening Standard Nando’s set for further cost pressures after sliding to loss
- 02:00The Independent Nando’s set for further cost pressures after sliding to loss