Revenue

Carlsberg UK volumes down 7% in first half of 2017

17-Aug-2017 By James Wallin, MCA

Carlsberg has reported UK volumes down 7% in H1 2017, which it blamed on tough comparatives with Euro 2016.

pubs code

MRO quote plea from 24 Greene King licensees

30-Nov-2016 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

Food sales at ten year high, reports ALMR

22-Sep-2016 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

29-Jun-2016 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.

Operator news

Spirit reveals profit rise

29-Apr-2015 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 reports half-year revenue growth

04-Dec-2014 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.

Enterprise converting failing pubs into shops

19-Nov-2014 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.

Growth in drink sales outstrips food as Spirit reports positive results

04-Sep-2014 By John Harrington, M&C Report

Spirit Pub Company has reported a 2.1% rise in like-for-like net sales in its managed arm for the 12 weeks to 16 August, with net income growth in the leased division accelerating to +4.8%.

World Cup lifts ABInBev sales

01-Aug-2014 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 delivers record full-year results

03-Jul-2014 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 reports managed pubs sales rise

05-Sep-2013 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 Pub Company sales on track despite tough trading

19-Jun-2013 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...