Total revenue for the period was £476m, compared to £505m in the same period in the prior year.
Of the £476m, the managed segment contributed £226m (16 weeks 2025: £274m), reflecting site transitions out of the managed segment as part of the group’s estate transformation strategy.
The group’s leased and tenanted pubs, Pub Partners and commercial property, contributed £137m (16 weeks 2025: £129m) while its operator-led segment contributed £113m (16 weeks 2025: £102m).
- This story originally appeared in The Morning Advertiser’s sister publication MCA. Read the full story here.



