MIDAS SHARE TIPS UPDATE: Prezzo's 経営者／支配人s help make pizza chain a tip 価値（がある） 持つ／拘留するing

By Simon Watkins for The Mail on Sunday

Updated: 14:57 BST, 16 July 2012

株 in p izza restaurant chain Prezzo have not 成し遂げるd spectacularly since Midas 示唆するd last year that 投資家s take a slice.

However, they have risen, and with a small （株主への）配当 on 最高の，を越す, the 投資 has 証明するd a smart move during troubled times.

株 stood at 621?2p in April 2011 when Midas recommended the 在庫／株.

Tasteful recipe: Pizza chain Prezzo

Our 事例／患者 was simple: Prezzo seemed to have 設立する a recipe that was 抵抗力のある to the ups and 負かす／撃墜するs of 消費者s’ 信用／信任 and seemed 有能な of 持続するing a rise in 利益（をあげる）s through 厚い and thin.

And so it has 証明するd. 十分な-year results published this April showed sales up 18 per cent to £124million and 利益（をあげる）s up 14 per cent to £16.4million.

To be fair, over the 15 months since we tipped Prezzo, the market has not always 株d our 信用／信任 and the 株 fell as low as 53p last summer.

But thanks to those 最近の good results they now stand at 67p.

That 代表するs a seven per cent 資本／首都 伸び（る） topped up by a small 0.25p （株主への）配当 追加するing another 0.4 per cent to the total return.

Although best known for its Prezzo-branded restaurants, the group owns other chains and is 特に 楽観的な about the prospects for its Mexican-主題d chain Chimichanga, which has 19 出口s.

Midas 判決: The returns on Prezzo since Midas 示唆するd buying the 株 in April last year have not been 素晴らしい, but compared with the wider 株式市場 they 代表する what is an excellent 業績／成果. The FTSE 100 has fallen more than five per cent over the same period.

Eating out should have been an obvious 犠牲者 of continued 緊縮 in Britain, but as we 最高潮の場面d, the group has a strong 管理／経営 team that continues to 拡大する the 商売／仕事 with new 開始s.

If this is what the group can 達成する during a major 低迷 in 消費者 信用／信任 what might be possible in the 未来? 持つ／拘留する.

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