W&DB in market for more acquisitions

From The Publican

24-Jan-2005

Related topics: Company & City News

Wolverhampton & Dudley Breweries (W&DB) is looking for further acquisitions following its £119.9m purchase of Burtonwood.


In the company's AGM statement chief executive Ralph Findlay confirmed to shareholders that recent strong performance had ensured the possibility of future purchases.


"The business continues to make good progress, and we remain prudently financed, providing us with considerable flexibility to take advantage of opportunities as they arise," said Mr Findlay.


W&DB's trading in the fifteen weeks to January 15, 2005, were in line with expectations with like—for-like sales 3 per cent up for the managed Pathfinder Pubs and 3.4 per cent up for the tenanted Union Pub Company division.

Find us on Facebook

Spotlight

Legal Q&A: Private birthday parties and wine measurements

Legal Q&A: Private birthday parties and wine measurements

In this week's legal Q&A, our experts look at issues around hosting private birthday parties and wine...

Legal advice: The risk of fire is always present

Legal advice: The risk of fire is always present

Fire risk assessment is crucial at at time of year - and especially over the Christmas period....

123

Follow us on