Revenue

No delivery: Lack of gas at the Chaser inn, Kent (Getty/ B2M Productions)

No delivery from Calor Gas forces pub to close

By Amelie Maurice-Jones

A Kent pub was forced to close for a few days after Calor Gas failed to top up gas levels, which the managing director of the pub group has claimed was “not forgivable”.

Confident: Rooney Anand expects little impact to the group from MRO requests

pubs code

MRO quote plea from 24 Greene King licensees

By Michelle Perrett

Greene King has revealed that 24 licensees requested a quote for the market rent-only option (MRO) in the first three months of the pubs code.

Food sales: 10-year high for licensed retailers

Food

Food sales at ten year high, reports ALMR

By Finn Scott-Delaney, MCA

Food sales among multiple operators of licensed premises are at a 10-year high, according to a comprehensive annual survey by the Association of Licensed Multiple Retailers (ALMR).

Greene King issues Brexit warning despite growth

Greene King issues Brexit warning despite growth

By Oli Gross

Greene King has warned licensees that consumer confidence may be affected by Brexit, after reporting strong financial results in a ‘transformational year’ for the pubco.

Spirit reveals profit rise

Operator news

Spirit reveals profit rise

By Mark Wingett, M&C Allegra

Spirit Pub Company, which is set to become part of Greene King, has this morning reported a 1.5% increase in like-for-like sales across its managed division, with net sales up 4.5% and EBITDA up by 6% to £59.8m.

Greene King added 11 sites to its retail estate at a total cost of £14.5m during the financial period

Greene King reports half-year revenue growth

By James Wallin, M&C Report

Greene King has reported revenue growth of 5.3% across its retained business to £613.1m with profit before tax up 3% for the 24 weeks to 19 October.

Simon Townsend: 'Now that we are no longer relying on disposals to repay debt we are able to convert those sites ourselves'

Enterprise converting failing pubs into shops

By James Wallin, M&C Report

Enterprise Inns has revealed it has converted 22 pubs to convenience stores and will continue to look at this operating model as an alternative to disposals.

ABInBev, the producer of Stella Artois, has seen sales rise

World Cup lifts ABInBev sales

By John Harrington

ABInBev, the Stella Artois and Budweiser brewer, saw UK sales of its drinks grow 13.5% in Q2 2014, due to ”strong World Cup volumes”.

Greene King announced a fourth consecutive year of record results

Greene King delivers record full-year results

By John Harrington

Greene King, the brewer and pub operator, has reported a 9.4% rise in pre-tax profits to £173.1m in the 53 weeks to 4 May, with the company saying it has now delivered four years of record results.

Spirit's managed pub enjoyed the recent warm weather

Spirit reports managed pubs sales rise

By John Harrington

Spirit Pub Company has reported a 4.1% rise in like-for-like net sales in its managed division in the 12 weeks to 17 August and improving trends in its leased estate.

Spirit sales back on track

Spirit Pub Company sales on track despite tough trading

By Mark Wingett

Spirit Pub Company has reported a 2.6% rise in like-for-like sales across its managed estate for the six weeks to 25 May, a performance that bounced back after a 3.8% decline in the proceeding six weeks, which it said was impacted by an “an exceptionally...

In the on-trade, cider volume growth remained in positive territory, up 1% year-on-year

Magners cider producer C&C Group reports falling UK volumes

By Mark Wingett

C&C Group, the Irish producer of Magners cider, has reported a resilient performance for the year to 28 February despite a 15% decline in UK cider volumes in what it describes as a difficult trading environment in the UK and Republic of Ireland.

Punch Taverns reports improving trends

Punch Taverns reports improving trends

By John Harrington

Punch Taverns, the tenanted and leased pub operator, has reported another quarter of improved trends in the business, although profits, revenue and EBITDA all declined across the 28 weeks to 2 March 2013.

BBPA: Pubs sold 51m fewer pints in Q3 2012

Pub beer sales drop 4.8% in 2012 Q3

By Gurjit Degun

Pub beer sales dropped 4.8% in the third quarter of this year, compared to the same period in 2011, with 51m fewer pints being sold – that’s according to the British Beer and Pub Association’s (BBPA) Beer Barometer.

Deal: Booker has acquired Makro for £139m

Booker to buy Makro for £139m

By Mark Wingett, M&C Report

Booker, the food and drink wholesaler, has announced it has reached an agreement to acquire from Metro AG its UK wholesale operation Makro, for £139m.

M&B: takeover target

M&B reports 34th consecutive quarter of growth

By Ewan Turney

Managed pub operator Mitchells & Butlers (M&B) — a takeover target for Bermudan billionaire Joe Lewis — has reported its 34th consecutive quarter of like-for-like growth.

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.

Douglas; on-going dialogue with banking group

Luminar sales down 18.6%

By Mark Wingett, M&C Report

Luminar, the embattled nightclub group, has this morning reported same outlet sales down 18.6% for the year to 26 February 2011, driven by a...

Knowles: good year for Beds & Bars

Trade soars at Beds & Bars

By The PMA Team

Beds & Bars, the hostel and bar operator led by Keith Knowles, has reported a circa 30% rise in turnover in its most recent financial year. The...

Closed: pub trade is finding it tough in Ireland, says survey

Irish pub trade in 'freefall'

By Ewan Turney

Over 1,500 pubs, clubs and restaurants have closed in Ireland over the past five years costing thousands of jobs, according to a new survey.

Neame: difficult year but business is strong

Profits slide at Shepherd Neame

By Ewan Turney

Kent brewer and operator Shepherd Neame has reported a 24.6% drop in operating profit as it faced "one of the most challenging and difficult years"...

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.  ...

Anand: satisfied with results in tough trading period

Greene King 'cautiously optimistic'

By Ewan Turney

Greene King is looking forward with "cautious optimism" after a 1.3% rise in revenue to £942.3m for the 52 weeks to 3 May. Operating profit dipped...

Carlsberg: tough times in UK

UK is worst market for Carlsberg

By Ewan Turney

The UK market was the only market to record net revenues below last year for Carlsberg. The Danish brewer said that "the toughening market...

The Restaurant Group reveals sales increase

The Restaurant Group reveals sales increase

By Ewan Turney

Restaurant and pub operator The Restaurant Group has revealed a 5.5% increase in like-for-like sales on last year. The company, which acquired the...