Christian Mouttet added : “This was due mainly to the addition of the Procom business, which is in the process of being integrated into the recently re-branded Rosco Procom,”

trinidadexpress Monday, May 16, 2022 3:34:00 AM EAT

Christian Mouttet said : “These two events have caused significant supply chain disruptions and increased commodity and transportation costs, adverse conditions that are expected to continue into 2023,”

trinidadexpress Monday, May 16, 2022 3:34:00 AM EAT

Christian Mouttet said : “Pharmaceuticals and healthcare performed well, benefiting from improved sales in distributions and retail, as well as the synergies created from the integration of Smith Robertson with the recently acquired Oscar Francois and Intersol businesses,”

trinidadexpress Sunday, April 24, 2022 7:27:00 PM EAT

Christian Mouttet said : “Throughout all of 2021, the restaurant industry was severely hindered by various Government-mandated operating restrictions, which included limitations on in-house fining and opening hours, the complete closure of all restaurants for 80 days and safe zone operating requirements that are currently in place,”

trinidadexpress Tuesday, March 1, 2022 5:20:00 AM EAT

Christian Mouttet said : “At Prestige, we have worked closely with our long-standing local and foreign suppliers as well as developed new supply chain and operating initiatives in order to minimise the impact of these increases to our business and our customers,”

trinidadexpress Tuesday, March 1, 2022 5:20:00 AM EAT

Christian Mouttet explained : “While this brand is expected to remain a positive net contributor to our group, given the prevailing headwinds caused by the COVID-19 pandemic and as a result, the potential changes to the restaurant industry, it was deemed prudent and necessary to take this impairment charge at this time,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “To varying degrees, all of our brands were negatively impacted in sales and profitability due to the disruption to their operations caused by the COVID-19 pandemic. While this is to be expected given the complete closure of our restaurants for 34 days, closure of dining for two prolonged periods, and the on-going restrictions on dining and operating hours, it is worthy to note that at the restaurant level, all brands remained profitable and generated positive cash on operations,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “Our KFC and Starbucks brands proved the most resilient, with customers adapting more quickly to the convenience of our delivery, curb-side and drive-thru channels. During the year, KFC added the convenience of online ordering and launched the KFC mobile app, both of which have been well received by customers,” “Starbucks was our best performing brand in 2020, with all channels exceeding prior year with the exception of dine-in. We expect this brand to continue to trend positively and plan to open four new Starbucks restaurants in 2021,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “To assist in the expansion of our delivery and curb-side efforts, online ordering was introduced across all brands and at KFC, a mobile app was added for additional customer convenience. Greater emphasis is now being placed on these digital transformation initiatives and this is expected to be a major driver in our business in the years to come,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “As was to be expected, the COVID-19 restrictions had the most significant impact on our TGI Fridays restaurants, where in-restaurant dining and bar sales account for the majority of our business. Current restrictions prohibit the sale of alcohol in our bars, limit in-restaurant dining and have reduced operating hours, all of which have weighed heavily on our sales. We have however made considerable progress in developing our delivery and curb-side channels and expect these to remain valuable contributors when conditions normalise,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “He added that the introduction of delivery service for Subway and Starbucks as well as the expansion of their delivery capability as well as online services for these brands aided the company greatly,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “Very often people buy their groceries once or twice a month, but for fresh produce, they find themselves having to revisit markets or groceries almost weekly. Presto now offers a next level of convenience for shoppers to quickly pop in to get the produce that they need to make tonight’s meal,”

trinidadexpress Wednesday, December 23, 2020 5:49:00 AM EAT

Christian Mouttet said : “Excluding the adjustment for the new IFRS standard for leases, profit attributed to shareholders would have been $92.5 million, an increase of two per cent over the prior year”

cnc3 Friday, August 21, 2020 4:43:00 AM EAT

Christian Mouttet announced : “Given the current circumstances and the uncertain outlook, we believe that prudence dictates that instead, no final dividend be paid for 2019, and this is what your board is now recommending to shareholders, subject to approval at the next annual meeting,”

trinidadexpress Sunday, April 12, 2020 2:19:00 AM EAT

Christian Mouttet said : “Our improved profitability in 2019 was due to increased sales, primarily from new restaurants, and improved operations in most of our brands”

cnc3 Tuesday, March 3, 2020 3:41:00 AM EAT

Christian Mouttet expressed : “During the period, we opened 7seven new restaurants—two Starbucks at Trincity and Couva, two Pizza Huts at Trincity and two KFCs at Movie Towne, Port-of-Spain and Tumpuna Road”

cnc3 Tuesday, March 3, 2020 3:41:00 AM EAT

Christian Mouttet said : “This will be a significant investment for our company and will, for the first time, bring together all of our offices and warehousing, currently in three locations, into one integrated facility”

cnc3 Tuesday, March 3, 2020 3:41:00 AM EAT

Christian Mouttet added : “This was due mainly to the addition of the Procom business, which is in the process of being integrated into the recently re-branded Rosco Procom,”

trinidadexpress Monday, May 16, 2022 3:34:00 AM EAT

Christian Mouttet said : “These two events have caused significant supply chain disruptions and increased commodity and transportation costs, adverse conditions that are expected to continue into 2023,”

trinidadexpress Monday, May 16, 2022 3:34:00 AM EAT

Christian Mouttet said : “Pharmaceuticals and healthcare performed well, benefiting from improved sales in distributions and retail, as well as the synergies created from the integration of Smith Robertson with the recently acquired Oscar Francois and Intersol businesses,”

trinidadexpress Sunday, April 24, 2022 7:27:00 PM EAT

Christian Mouttet said : “Throughout all of 2021, the restaurant industry was severely hindered by various Government-mandated operating restrictions, which included limitations on in-house fining and opening hours, the complete closure of all restaurants for 80 days and safe zone operating requirements that are currently in place,”

trinidadexpress Tuesday, March 1, 2022 5:20:00 AM EAT

Christian Mouttet said : “At Prestige, we have worked closely with our long-standing local and foreign suppliers as well as developed new supply chain and operating initiatives in order to minimise the impact of these increases to our business and our customers,”

trinidadexpress Tuesday, March 1, 2022 5:20:00 AM EAT

Christian Mouttet explained : “While this brand is expected to remain a positive net contributor to our group, given the prevailing headwinds caused by the COVID-19 pandemic and as a result, the potential changes to the restaurant industry, it was deemed prudent and necessary to take this impairment charge at this time,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “To varying degrees, all of our brands were negatively impacted in sales and profitability due to the disruption to their operations caused by the COVID-19 pandemic. While this is to be expected given the complete closure of our restaurants for 34 days, closure of dining for two prolonged periods, and the on-going restrictions on dining and operating hours, it is worthy to note that at the restaurant level, all brands remained profitable and generated positive cash on operations,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “Our KFC and Starbucks brands proved the most resilient, with customers adapting more quickly to the convenience of our delivery, curb-side and drive-thru channels. During the year, KFC added the convenience of online ordering and launched the KFC mobile app, both of which have been well received by customers,” “Starbucks was our best performing brand in 2020, with all channels exceeding prior year with the exception of dine-in. We expect this brand to continue to trend positively and plan to open four new Starbucks restaurants in 2021,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “To assist in the expansion of our delivery and curb-side efforts, online ordering was introduced across all brands and at KFC, a mobile app was added for additional customer convenience. Greater emphasis is now being placed on these digital transformation initiatives and this is expected to be a major driver in our business in the years to come,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “As was to be expected, the COVID-19 restrictions had the most significant impact on our TGI Fridays restaurants, where in-restaurant dining and bar sales account for the majority of our business. Current restrictions prohibit the sale of alcohol in our bars, limit in-restaurant dining and have reduced operating hours, all of which have weighed heavily on our sales. We have however made considerable progress in developing our delivery and curb-side channels and expect these to remain valuable contributors when conditions normalise,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “He added that the introduction of delivery service for Subway and Starbucks as well as the expansion of their delivery capability as well as online services for these brands aided the company greatly,”

cnc3 Thursday, March 4, 2021 7:44:00 AM EAT

Christian Mouttet said : “Very often people buy their groceries once or twice a month, but for fresh produce, they find themselves having to revisit markets or groceries almost weekly. Presto now offers a next level of convenience for shoppers to quickly pop in to get the produce that they need to make tonight’s meal,”

trinidadexpress Wednesday, December 23, 2020 5:49:00 AM EAT

Christian Mouttet said : “Excluding the adjustment for the new IFRS standard for leases, profit attributed to shareholders would have been $92.5 million, an increase of two per cent over the prior year”

cnc3 Friday, August 21, 2020 4:43:00 AM EAT

Christian Mouttet announced : “Given the current circumstances and the uncertain outlook, we believe that prudence dictates that instead, no final dividend be paid for 2019, and this is what your board is now recommending to shareholders, subject to approval at the next annual meeting,”

trinidadexpress Sunday, April 12, 2020 2:19:00 AM EAT

Christian Mouttet said : “Our improved profitability in 2019 was due to increased sales, primarily from new restaurants, and improved operations in most of our brands”

cnc3 Tuesday, March 3, 2020 3:41:00 AM EAT

Christian Mouttet expressed : “During the period, we opened 7seven new restaurants—two Starbucks at Trincity and Couva, two Pizza Huts at Trincity and two KFCs at Movie Towne, Port-of-Spain and Tumpuna Road”

cnc3 Tuesday, March 3, 2020 3:41:00 AM EAT

Christian Mouttet said : “This will be a significant investment for our company and will, for the first time, bring together all of our offices and warehousing, currently in three locations, into one integrated facility”

cnc3 Tuesday, March 3, 2020 3:41:00 AM EAT