Joseph Holt turnover rises to £78.3m

FY results: Joseph Holt turnover rises to £78.3m
FY results: Joseph Holt turnover rises to £78.3m (Joseph Holt)

Joseph Holt has reported increased turnover and profit for the year to 31 December 2025, despite continued pressure on costs and consumer spending.

The Manchester based brewer and pub operator saw turnover rise to £78.3m, up 3.2% from £75.9m the previous year.

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Profit before tax increased to £5.1m, compared with £4.9m in 2024, while operating profit improved to £5m from £4.6m.

The business said the results came against a backdrop of limited improvement in the economy and consumer confidence during the year.

Cost pressures

In its strategic report, Joseph Holt said recent global conflicts had caused supply chain disruption and rising energy and food bills.

It added that while headline inflation had recently stabilised, geopolitical instability could add further inflationary pressure.

The company also warned household spending was expected to slow as high taxes and elevated savings rates weighed on disposable income.

However, Joseph Holt said it continued to remain “strongly competitive” during the period.

Net assets rose to £115.3m, supported by the company’s freehold property base. Group borrowings stood at £2m at the year end, with £18m of headroom in its banking facilities.

Community focus

Chief executive Richard Kershaw said: “As a company that puts the ‘heart of the community’ first, we have enjoyed, and continue to enjoy, the tremendous support of our loyal customers.

“Our staff are constantly working hard to provide our local communities with the award winning beers and great food they know and love, in a safe and welcoming environment. The directors can therefore look forward to the future with determined confidence.”