Tasty shares surge 14% on £2.5 mln insurance settlement By Investing.com

Written by Emily J. Thompson, Senior Investment Analyst

TAST%

Source: Investing.com

Updated: Jan 02 2025

0mins

Source: Investing.com

Insurance Settlement: Tasty Plc shares rose over 14% after securing a £2.5 million insurance settlement, with an expected net payout of about £1.5 million after costs.
Trading Challenges: The company warned of disappointing trading performance during the critical Christmas period, citing reduced consumer confidence and rising costs as significant challenges in the casual dining sector.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Tasty shares surge 14% on £2.5 mln insurance settlement By Investing.com

About the author

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