Generally Accepted Accounting Principles

Black Sheep: duty rises are making beer unaffordable

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.

Impairment charge: in Cucina Lux's M&J Seafood arm

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...

Jonathan Neame: Sheps chief executive

Good weather boosts Shepherd Neame

By Ewan Turney

Kent brewer and pub operator Shepherd Neame has reported a 7.7% rise in like-for-like sales at its managed pubs for the 48 weeks to 28 May. Shepherd...

Grand Union: profits up

Grand Union buoyed by profits surge

By John Harrington, M&C Report

Grand Union, the fast-growing London-based multi-site operator, has reported a 60% rise in pre-tax profit for the 12 months to March.

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.

Heavitree: modest fall in pre-tax profit

Heavitree pre-tax profits remain stable

By Mark Wingett, M&C Report

Heavitree Brewery, the Devon-based brewer and pub operator, has reported a modest fall of 2.2% in pre-tax profit to £1.225m for the year to 31st...

Barracuda: writedowns on estate

Exclusive: Barracuda posts £18m loss

By The PMA Team

Barracuda Pub Company, the managed operator led by Mark McQuater, has reported a loss for its most recent year of £18.6m after writedowns and other...

Trust Inns: writedown

Write-down at Trust Inns

By The PMA Team

Trust Inns, the 600-strong tenanted business, has reported a major write-down for its most recent financial year.

Spotlight

Property of the week

The Lower Chequer

- Tenancy

The Lower Chequer is tucked down Crown Bank in the quaint town of Sandbach, a thriving market town most well-known for its ancient Saxon Crosses...

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