Profit

Urban Pubs & Bars sees significant lockdown losses

01-Mar-2021 By Georgia Cronin, MCA

Urban Pubs & Bars lost out on £2.5m in sales in the first month of the March lockdown, and incurred a significant shortfall in profit due to its inability to mitigate costs immediately at the point of closure.

Business

NewRiver Retail deal helps Punch drive profits across its estate

20-Apr-2016 By Emily Sutherland

Punch's £53.5m disposal of 158 pubs to NewRiver Retail has helped to drive up profits across its estate, chief executive Duncan Garrood has said.

Suppliers

JJ Food Service recognised for strong profit growth

13-Apr-2016 By Daniel Woolfson

Wholesaler JJ Food Service has been named as one of the most profitable businesses in the UK by The Sunday Times.

JD Wetherspoon like-for-like sales up 3.7%

11-Mar-2016 By Oli Gross

JD Wetherspoon has said like-for-like sales in the six weeks to 6 March were up 3.7%, following a 2.9% rise in the first half of the year.

Revolution Bars reports sales up 2.7%

01-Mar-2016 By MC Allegra FS

Revolution Bars has reported like-for-like sales up 2.7% for the six months to 31 December.

City News

Hall & Woodhouse focuses on rooms

02-Nov-2015 By James Wallin, MC Allegra FS

Company reports profit growth of 10%+.

Marston's reports full-year sales growth

27-Nov-2014 By James Wallin, M&C Report

Marston’s has reported like-for-like sales up 3.1% year on year in its Premium and Destination arm for the 52 weeks to 4 October 2014.

Brakspear reports strong results for year of ‘positive change’

21-Aug-2014 By Mark Wingett, M&C Report

T Davies & Sons, the parent company of Henley-based Brakspear, has reported a year of “positive change”, in which it saw pre-tax profits climb 26.2% to £3.5m.

Mitchells & Butlers sees sales hike in first half of year

22-May-2014 By John Harrington

Mitchells & Butlers (M&B) has this morning reported a 1.1% increase in like-for-like sales for the 28 weeks to 12 April 2014 and said that its performance had been underpinned by a turnaround in volume performance.

Marston’s reports ‘strong’ performance in last six months

15-May-2014 By John Harrington

Marston’s, the brewer and pub operator, has reported a 9.4% rise in underlying profit before tax to £29m in what it called a “strong” half year (26 weeks to 5 April).

JD Wetherspoon like-for-like sales rise 5.2%

14-Mar-2014 By John Harrington

JD Wetherspoon has reported a 5.2% rise in like-for-like sales in the 26 weeks to 26 January, with profits before tax and exceptionals up 8.5% to £37.8m.

Young's like-for-like revenue grows

21-Nov-2013 By John Harrington

Young’s, the London-based pub operator, has reported a 5.6% rise in like-for-like revenue in the 26 weeks to 30 September against “strong comparatives” in the corresponding period last year.

How using a stocktaker can help your pub

08-Jul-2013 By ILTSA

You wouldn’t dream of buying a new car and not having it serviced by a competent mechanic, so why take such chances with your business? A stocktaker can provide advice on a regular basis at a reasonable cost. The Institute of Licensed Trade Stock Auditors...

Amber Taverns sees EBITDA increase by one-third

19-Jun-2013 By Mark Wingett

Amber Taverns, the fast-growing operator of wet-led community pubs, saw EBITDA increase by one third to £6.8m in the year to 3 February as the 86-strong company reiterated plans to open 12 sites this year.

St Austell turnover breaks £100m mark

23-May-2013 By John Harrington

St Austell Brewery, the Cornish brewer and pub operator, saw turnover exceed £100m for the first time in its history in 2012 as it bought more pubs and sold more beer.

Problematic licensees linked to Heavitree profit fall

13-Feb-2013

Heavitree Brewery, the Devon-based tenanted pub operator, has reported a 20% fall in profit before tax and finance costs to £1.1m in the year to 31 October 2012, with an exceptional impairment charge and costs linked to “problematic” licensees cited as...

Enterprise is making too many assumptions on tenant takings

13-Dec-2012 By Simon Clarke

Following last week’s piece, “Enterprise claims increased taxation is biggest threat to tenant profitability”, for the sake of balance, a response is in order.

Town and Country Inns hit by restructuring costs

11-Dec-2012 By M&C Report

Town & Country Inns, the bar business led by entrepreneur Keith Williams, has reported a loss in the year to 31 May after incurring exceptional costs in relation to a “significant restructuring”.

Marston's reports strong full-year results

29-Nov-2012 By John Harrington

Marston’s, the brewer and pub operator, has reported a 9.2% rise in underlying pre-tax profits to £87.8m in the year to 29 September, and announced that chairman David Thompson is to retire.

Young's exceeds £100m sales in first half

22-Nov-2012 By John Harrington

Young’s, the London-based pub operator, has broken the £100m revenue mark in the six months to 1 October, which it described as a period of contrasting fortunes, with the first quarter being the wettest on record followed by a second quarter that featured...

Key events help Marston's maintain "satisfactory" performance

25-Jul-2012 By John Harrington

Marston’s, the brewer and pub operator, has reported that its recent performance has been satisfactory in view of the very wet weather conditions, helped by key trading events including the Jubilee weekend, Euro 2012 and Father's Day.

Batemans reports rise in turnover

12-Jul-2012 By M&C Report

Batemans, the Lincolnshire brewer and pub operator, has reported a rise in turnover and operating profit in the year to 31 January, although pre-tax profit fell 40% after a fall in profits from property disposals.

Young's top manager to boost London pub

02-Mar-2012 By Lesley Foottit

Young’s Pub Company has asked its top manager to turn around the fortunes of an under-performing pub as part of a profit-share agreement.

Capture customers — and don’t let them go

01-Mar-2012 By Phil Davison

Leaving your customers in charge of your relationship is a recipe for disaster. Your customers are certainly not as motivated as you are to make your pub successful, so if you want to see your profits grow you need to put yourself in the driving seat.

Convivial reports trading turnaround

24-Jan-2012 By John Harrington

Convivial London Pubs, the eight-strong London estate that was previously run as Capital Pubs II, has reported a turnaround in trading performance in the year to 1 October 2011, with pre-tax profits up 32.3% to £474k.

Greene King revenues pass £0.5bn

01-Dec-2011 By John Harrington

Greene King, the brewer and pub operator, has reported H1 revenues of more than half a billion pounds for the first time, with the managed division and food sales in particular being credited for the growth.

Geronimo boosts Young's half year results

24-Nov-2011 By Mark Wingett

Young’s, the London-based pub operator, has reported a rise in half-year sales on the back of its acquisition of Geronimo Inns last December, good trading in its existing estate and strong growth in profits across it hotels.

Hall & Woodhouse posts drop in profit

31-Oct-2011 By Mark Wingett, M&C Report

Hall & Woodhouse, the Dorset brewer and pub operator, has reported a fall in pre-tax profit for the 52 weeks to 29 January 2011, as it incurred significant start-up costs for a flagship site in Bath and started the development of its new brewery.

Profits rise at Butcombe

14-Oct-2011 By John Harrington

Somerset-based brewer and pub operator Butcombe saw a slight rise in pre-tax profit in the year to 28 February 2011 after turnover increased by more than £1m.

Inventive reports increased losses

13-Oct-2011 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.

Food pubs struggle with higher operating costs

26-Sep-2011 By Lesley Foottit

Food-led operators are struggling against operating costs that are up to 7% higher than their wet-led counterparts, according to the Association of Licensed Multiple Retailers (ALMR).

Carlsberg sees 7% drop in UK volumes

17-Aug-2011 By John Harrington, M&C Report

Carlsberg has reported a 7% drop in UK volumes on last year for the six months to 30 June due to a tough comparable period.

ALMR boosted by membership rise

25-Jul-2011 By John Harrington, M&C Report

The Association of Licensed Multiple Retailers (ALMR) turned around a pre-tax loss of £11,918 in 2009 to record a £6,494 surplus last year.

Wadworth dismay as profits tumble

01-Jul-2011 By John Harrington

Wadworth, the Wiltshire brewer and pub operator, criticised the ability and attitude of some of its tenants as it reported "disappointing" results...

Brulines leisure division sees drop in turnover

07-Jun-2011 By Michelle Perrett

Brulines, has reported a drop in turnover in its leisure division due to continuing pub closures. Turnover in its leisure arm was £18.16m down...

Young's profits up 7.1%

26-May-2011 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...

Marston's tenanted pubs return to growth

19-May-2011 By Ewan Turney

Marston's has hailed the impact of its quasi-franchise Retail Agreement in helping to return its tenanted division to growth for the 26 weeks to 2...

Enterprise Inns signs up to price matching service

20-Apr-2011 By Lesley Foottit

An online price matching service has been launched that helps licensees improve their profit margins. Enterprise Inns has already started using...

Thorley Taverns posts profit surge

08-Apr-2011 By The PMA Team

Thorley Taverns has revealed a "significant improvement" on operating profit in its most recent year.

Strong second half for Adnams

30-Mar-2011 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...

Sheherd Neame sees 'encouraging trends' across its tenanted pubs

16-Mar-2011 By Hamish Champ

As it revealed the extent of first half trading Kent brewer Shepherd Neame reported seeing what it called "encouraging trends" across its tenanted...

Brulines reports second half trading is down

04-Mar-2011 By The PMA Team

Brulines has this morning announced that trading for the second-half is likely to be lower than anticipated.

Chameleon reports operating profit uplift

14-Jan-2011 By Ewan Turney

North England based Chameleon Pub Company is looking to add two sites to its portfolio in 2011 as it celebrates its tenth anniversary. Chameleon,...

Sceptre Leisure: strong performance in tough times

15-Dec-2010 By Ewan Turney

AWP supplier Sceptre Leisure believes it is in a strong position despite revealing a 33% drop in profit before tax to £0.6m for the six months to 31...

25% take up S&NPC Bar Boosters scheme

09-Dec-2010 By Lesley Foottit

A quarter of Scottish & Newcastle Pub Company lessees have taken up the company's diversification Bar Boosters scheme after just six months.

M&B hails 'excellent' progress on food sales

23-Nov-2010 By Ewan Turney

M&B reported like-for-like food sales up 4.7% in the year to 25 September and up 6.9% in the most recent eight weeks.

Greene King to reduce tenanted pub estate

01-Jul-2010 By Ewan Turney & Martyn Leek

Greene King is to reduce the number of tenanted pubs in its estate from 1,584 to 1,200 through disposals and conversion to managed houses.

Analysts told: look at tenants' profits

08-Jun-2010 By Ewan Turney

A leading corporate finance adviser believes city analysts have got it wrong in the way they analyse pubco profitability. Speaking at the Tenanted...

Everards profits on the up

04-Jun-2010 By The PMA Team

Leicester brewer and retailer Everards has reported an increase in operating profit for its most recent year despite an decrease in turnover. The...

Sheps reports first half profits up 16 per cent

18-Mar-2010 By Hamish Champ

Recently acquired pubs and a booming food trade helped Shepherd Neame push its first half turnover up more than eight per cent and its operating...