Adnams freezes beer prices for a third year

By Ewan Turney

- Last updated on GMT

Related tags: Pub operator adnams, Old speckled hen, Suffolk, Public house, Adnams

Adnams: holding prices to help licensees
Adnams: holding prices to help licensees
Suffolk brewer and pub operator Adnams has frozen its own beer prices to its 70 tenants and freetrade customers for a third year. Adnams will hold...

Suffolk brewer and pub operator Adnams has frozen its own beer prices to its 70 tenants and freetrade customers for a third year.

Adnams will hold its prices for a further six months — with the exception of the 2% above inflation duty increase expected in the March Budget.

Adnams has now held its own beer prices to its tied tenants and free-trade customers since March 2008.

"We are very mindful that the trading environment for pubs in particular remains extremely challenging," said chief executive Andy Wood.

"With this in mind I am pleased to be able to announce a hold on Adnams beer prices for a third year in a row.

"It is well-reported that raw material prices and fuel costs continue to rise at an alarming rate. Adnams has been able to offset some of these increases due to the sustainability and efficiency steps we have taken over the years and will review our position on beer prices mid year."

Contrasting policy

The policy is in contrast to the major brewers who have increased their wholesale prices — Carlsberg (3.5%), Heineken (3.6%), Coors (2.3%) and Diageo 5%.

Meanwhile, Punch and Enterprise have increased prices by and average of 3.3% and 3.8% respectively to its tied tenants.

Greene King also increased its prices by an average of 3.8% to its tenants but has held prices on some key products such as Old Speckled Hen and Carlsberg.

Marston's will make a decision on price rises after the March Budget.

Related topics: Legislation, Beer

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