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Evening Standard
Evening Standard
Business
Holly Williams

Tortilla dishes up profit warning despite record UK performance

The company acquired rival Mexican chain Chilango last year (Tortilla/PA) -

Burrito chain Tortilla Mexican Grill has warned over full-year earnings as delays to the roll out of stores in France offset a record performance in its UK business.

The group, which has 116 sites globally, including 80 company-owned and franchise sites in the UK, saw shares plunge as much as 12.5% at one stage after it said it now expects to deliver annual underlying earnings around 10% lower than expected.

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