Ten Entertainment Group Plc reports £22.5 million of total sales for H1 2020

1 min read | September 23, 2020 09:12 PM BST | By Team Kalkine Media

Ten Entertainment Group Plc (LON:TEG) has released its half-year results for the 26 weeks to 28 June 2020.

  • The company had a strong start in the first quarter with like-for-like sales growth of 9.6 per cent before Lockdown.
  • For the reported period the company’s total sales stood at £22.5 million as compared to £41.4 million for H1 2019.
  • Group adjusted EBITDA was a loss of £1.5 million as compared to a profit of £11.2 million in the same period last year.
  • The company has reported that trading has begun well at 83 per cent of previous levels and all 46 centres are now open.
  • On 23 September 2020, at the time of writing, GMT 11:07 AM, TEG shares were trading at GBX 127.50, up by 3.50 points or 2.82% against the previous day closing price.

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