Volcano cost £0.5m says Restaurant Group
The group said total sales were 6% ahead of 2009 and like-for-like sales 0.5% ahead for the 18 weeks to May 2.
It estimated like-for-like sales would have been 1.5% ahead of the previous year had it not been for the impact on Concessions from air travel disruption.
The Group said in an AGM statement: 'Our Concessions division was in good growth until the ash cloud halted air travel and we saw five days of sales decline in excess of 90% in our airport business.
'Trade in our Concessions business is now returning towards normal (although suspension of some flights due to the new ash clouds over Scotland and Ireland has had a small impact over the past two days) and our Leisure division is also trading well.
'We estimate that, to date, the disruption has resulted in a £0.5m impact on our Concessions division's profit and loss account, comprising £0.3m of cash costs and foregone profit opportunities of £0.2m.' .
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