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...
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...
Glendola Leisure, the bar and restaurant operator, is hoping to add more sites this year and is “not averse” to looking at small group acquisitions, managing director Alex Salussolia has told the PMA's sister title M&C Report.
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, 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.
Wadworth, the Wiltshire brewer and pub operator, has credited a rise in own-beer sales, lower overheads and the recruitment of “good new licensees” for a rise in sales and underlying profits last year.
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 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, 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.
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.