The latest news from the pub industry's top companies, as well as deals, results and appointments from the City.
24-Jul-2014 - Marston’s has reported a 4.1% rise in like-for-like sales in its Destination and Premium arm for the 41 weeks to 19 July, with the company describing the impact of the World Cup as “broadly neutral”.
24-Jul-2014 - Mitchells & Butlers has reported flat like-for-like sales in its third quarter (14 weeks to 19 July) – with a 0.6% rise in food sales offset by a 0.5% decline in drinks.
24-Jul-2014 - Fuller’s, the London-based brewer and pub operator, has reported “strong trading” across all divisions with a 7.3% rise in like-for-like sales in its managed pubs and hotels division for the 16 weeks to 19 July 2014.
22-Jul-2014 - Oakman Inns and Restaurants, the pub operator led by Peter Borg-Neal, saw like-for-like sales growth of 11.1% for Q1 of 2014/15 to 6 July as it negotiates on two new sites.
21-Jul-2014 - Hawthorn Leisure, the newly established pub group, has entered a procurement deal with Pelican to form a buyers' club for its 350 pub tenants.
18-Jul-2014 - Punch Taverns noteholders have voted overwhelmingly in favour of requests by the pub company to waive its covenants that would otherwise put the firm in default, as part of the restructure of its £2.3bn debt.
17-Jul-2014 - Weston Castle, the northern England-based pub operator, is exploring different finance options including crowdfunding to fund acquisitions and investments under the leadership of Lesley Humphreys, who became managing director in February.
16-Jul-2014 - Mitchells & Butlers (M&B) has made two internal appointments to oversee the absorption of the 173 former Orchid Pub Company sites into its estate, the Publican's Morning Advertiser's sister title M&C Report has learnt.
15-Jul-2014 - BrewDog, the Scottish brewer and pub operator, is planning a spirits division at its Aberdeenshire brewery site, the Publican's Morning Advertiser's sister title M&C Report has learnt.
15-Jul-2014 - Nightclub operator Luminar has announced it will invest £1.2m in its new Swansea site.
14-Jul-2014 - Several freehold properties, including Stonegate and JD Wetherspoon pubs, were sold at an Allsops auction last week.
11-Jul-2014 - Joseph Holt, the Manchester-based brewer and pub operator, saw its pre-tax profit fall to £2.8m from £3.5m in the year to 31 December 2013 and announced that chairman David Tully is to step down.
08-Jul-2014 - Mitchell’s of Lancaster, the Lancashire-based pub and hotel operator, says it hopes to roll-out its fledgling craft beer concept Tap House while also looking to make additional property disposals as a condition of completing a financial restructure of the business.
07-Jul-2014 - BrewDog, the Scottish brewer and pub operator, is to launch a platform for its shareholders to buy and sell their shares in the company.
07-Jul-2014 - Old Dairy Brewery, the Kent brewer founded in 2010, has raised £600,000 for expansion and announced the appointment of former Fuller’s Beer Company managing director John Roberts to lead a strengthened board as it enters a new phase.
03-Jul-2014 - Greene King, the brewer and pub operator, has reported a 9.4% rise in pre-tax profits to £173.1m in the 53 weeks to 4 May, with the company saying it has now delivered four years of record results.
03-Jul-2014 - Pub People Company, the Midlands-based multiple pub operator, has taken its estate to 50 sites with the acquisition of two pubs from Marston’s.
02-Jul-2014 - Serial sector investor Luke Johnson’s vehicle Risk Capital Partners has invested in InnBrighton, the Brighton-based pub company, which has been renamed the Laine Pub Company, the Publican's Morning Advertiser's sister title M&C Report has learnt.
02-Jul-2014 - Imbiba Partnership, the investment vehicle led by John Connell, has completed its latest round of fundraising, raising £6m to invest across its two concepts Darwin & Wallace and Camm & Hooper.
02-Jul-2014 - David Hoyland, who was at Marston’s for over 14 years, has joined Mitchells & Butlers (M&B), as retail director for its Harvester brand.
01-Jul-2014 - Joule’s, the Shropshire brewer and pub operator, is developing a new craft beer bar concept that it wants to roll out into five sites initially.
30-Jun-2014 - JD Wetherspoon is to open its first pub in the Republic of Ireland – but has admitted it will not be serving the nation’s most popular drink, Guinness.
26-Jun-2014 - Beds & Bars, the bars-meets-hostels operator, could roll out its Tree House cider bar format to other sites and possibly to standalone units in the future.
25-Jun-2014 - Daniel Thwaites, the Lancashire brewer and pub operator, saw profits before tax and exceptionals grow from £6m to £7.8m in the year to 31 March following the culmination of a three-year restructure process at the company, and said it expects to complete on the purchase of a new brewery and head office towards the end of the year.
25-Jun-2014 - Craft Beer Co, the craft beer pub operator, hopes to open a brewery in the near future, managing director Martin Hayes has said.
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