Generally Accepted Accounting Principles

Be At One maintains rapid growth

Be At One maintains rapid growth

Be At One, the 12-strong London-based cocktail bar chain, has reported a 40% rise in pre-tax profits on turnover up 24% to £8.58m in the year to 31 March 2011.

Aston Manor reports dip in profit

Aston Manor reports dip in profit

Birmingham-based cider maker Aston Manor Brewery saw a slight dip in pre-tax profits in 2010, despite turnover rising 49.8% to £79.25m.

Tye named chief executive at Spirit Pub Company

Tye named chief executive at Spirit Pub Company

By Mark Wingett, M&C Report

Spirit Pub Company has reported a 5.2% rise in like-for-like sales across its managed estate for the year to 20th August and confirmed that chief executive Ian Dyson will be succeeded by his current deputy Mike Tye on 16th December this year.

Inventive reports increased losses

Inventive reports increased losses

By John Harrington

Inventive Leisure, the Revolution Vodka Bar operator, saw pre-tax losses increase in the year to 30 June 2011 after incurring an £880,000 impairment charge and higher interest payments.

Black Sheep’s £7.5m duty toll

Black Sheep’s £7.5m duty toll

North Yorkshire brewer Black Sheep paid almost £7.5m in alcohol duty — 41% of its entire annual turnover — in its most recent financial year.

Brakes’ parent losses up 37%

Brakes’ parent losses up 37%

By John Harrington, M&C Report

Cucina Lux, the parent company of foodservice supplier Brakes, saw losses increase 37% in 2010, with UK operating profits before exceptional items down 20.3% as sales growth slowed.

In the pipeline: the new brewhouse development will lead to energy savings

Robinsons profit falls 23%

By John Harrington, M&C Report

Robinsons, the Stockport-based brewer and pub operator, has reported a 23.7% decline in pre-tax profit in 2010.

Heavitree: helping tenants

Profits down at Heavitree

By John Harrington, M&C Report

Heavitree Brewery, the Devon-based pub operator, has reported a 13% fall in pre-tax profit during the six months to 30 April 2011 compared to the...

McMullen: 6% fall in profits

6% profit fall at McMullen

By John Harrington, M&C Report

McMullen, the Hertfordshire brewer and pub operator, has reported a 6% fall in profit for the 53 weeks to 2 October 2010, despite a 3.9% rise in...

Young's: positive results

Young's profits up 7.1%

By Michelle Perrett

Young's, the London-based pub operator and brewer, has reported a 7.1% rise in annual operating profit for the 53 weeks to 4 April. Operating...

Adnams: weather hit pubs and hotels

Strong second half for Adnams

By Ewan Turney

Suffolk based brewer and operator Adnams has reported a strong second half as it clawed back operating profit to finish the year broadly flat on last...

Martin: founded JDW

JDW reports 11% fall in H1 pre-tax profits

By Mark Wingett, M&C Report

JD Wetherspoon has reported an 11% decline in first half pre-tax profit to £32.2m, which it said was due to increased interest charges.

Landlord: Madonna's favourite

Timothy Taylor profits climb

By The PMA Team

Yorkshire brewer Timothy Taylor has reported a recession-beating set of results for its most recent financial year. The company saw turnover rise...

Enterprise: trading is stabilising

Enterprise — trade stabilising

By The PMA Team

Enterprise Inns has reported that trading within its 7,100 pub estate "appears to be stabilising". Average net income per pub across the whole...

Barracuda: debt is eight times anbnual EBITDA

Barracuda reveals level of net debt

By Martyn Leek, M&C Report

Latest accounts for Barracuda Group indicate that it is still carrying net debt equivalent to at least eight times annual EBITDA.

Punch: value of estate has dropped

Punch takes £663m hit on pub estate value

By Ewan Turney

Punch Taverns has taken a £663m write-down on the value of its leased and managed pub estate. The pubco recognised impairment losses of £483.4m in its leased estate and £179.7m in its managed estate.

Hall and Woodhouse: difficult year

Hall & Woodhouse reports "difficult" year

By The PMA Team

Brewer and pub retailer Hall & Woodhouse has reported a "difficult year" in which the industry was hit by recession and poor summer weather....

Billy Buchanan: London Town boss

London Town: revenues broadly unchanged

By The PMA Team

London Town, the AIM-listed pub operator, London Town has reported revenues for the six months to 28 June are "broadly unchanged" at £13.6m.  ...

A spirited defence

A spirited defence

By Hamish Champ

"How can I be sure, In a world, that's constantly changin'?" For female readers of a certain age - and who knows, perhaps even a few male ones - the...

Luminar

Luminar sales drop 3.3%

By The PMA Team

Nightclub company Luminar has reported same outlet sales fell by 3.3% during the first 18 weeks of the year to 2 July compared to the previous year....

Sales are flat at Diageo

Sales flat at drinks giant Diageo

By Ewan Turney

Drinks giant Diageo has reported flat sales for the nine months to 31 March on last year. The Guinness brewer and spirits and wine producer said net...

JD Wetherspoon: like-for-like sales up 0.5% in third quarter

JD Wetherspoon: trading resilient

By Ewan Turney

JD Wetherspoon recorded a like-for-like sales increase of 0.5% for the 13 weeks to 26 April and is now "slightly more positive" about its prospects.

Tenant profit could drop to just £3,000

Brumby: The cost of tenant support

By Mark Brumby

The profitability of the average tenancy could drop by £30,000 next year requiring very expensive support from the big pubcos, argues Blue Oar Securities analyst Mark Brumby.

The average tenant could make just £3,000 profit next year

Tenant profits could drop to just £3,000

By Ewan Turney

The profit of the average tenant could drop to as little as £3,000 over the next year, a senior market analyst has warned. Mark Brumby of Blue Oar...

THE AGENTS

THE AGENTS

Richard Payne Senior negotiator Caldicott Payne Caldicott Payne is involved with a vast amount of tenant recruitment and acquisition for Punch...

St Austell sees 6% rise in turnover

St Austell sees 6% rise in turnover

By The PMA Team

Cornish brewer and retailer St Austell saw turnover grow by 6% to £85.25m in 2006, according to the latest Companies House accounts. The company...

Britvic looks at outsourcing

Britvic looks at outsourcing

By The PMA Team

Britvic is consulting with its staff about outsourcing its retail distribution network and chiller re-manufacturing operations