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UK's Restaurant Group's 2017 comparable sales down 3 percent

Reuters - UK Focus

Jan 25 (Reuters) - Britain's Restaurant Group (Other OTC: RSTGF - news) , the owner of the Frankie & Benny's chain, said on Thursday 2017 comparable sales fell 3 percent on challenging market conditions.

The owner and operator of more than 500 restaurants and pubs in the UK under brands such as Garfunkel's and Coast To Coast, said like-for-like sales for the 52 weeks ended Dec (Shanghai: 600875.SS - news) . 31 were down 3 percent with total sales falling 1.8 percent.

However, the company said it expected pretax profit for 2017 to be in line with current market expectations. (Reporting by Rahul B in Bengaluru; Editing by Bernard Orr)