Charles Wells saw turnover rise 2.5% in the year to October 2016 to £193.7m.
Pre-tax profit grew 1% to £7.1m during the year, in which investment in the leased and tenanted estate equated to £3.7m and £1.2m was ploughed into the brewhosue.
The group said that going forward it intended to accelerate the rollout of its Pizzas, Pots and Pints format.
Chief Executive Justin Phillimore, said: “We had a great year celebrating our 140th year of brewing beer! Highlights included Estrella Damm extended their distribution contract with us for a further five years, excellent profit growth across our managed houses in the UK and France, the launch of Charlie Wells Triple Hopped IPA and Bombardier Pale Ale, and ongoing investment in our Leased and Tenanted pubs to the tune of £3.7m, all equating to an increase in turnover across the business of £4.8m.”
On the prospects for 2017, he said: “We’ll be focussing investment in our managed houses, accelerating roll-out of our Pizza, Pots and Pints concept and actively looking for more sites across France.
“Leased and Tenanted pubs will see greater training and guidance for anyone who needs it and we’ll continue to support them with a wider portfolio of beers to entice customers in and increase their own profits.”
