All Greene King articles – Page 22
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NewsGreene King: 2020 vision, acquisitions, tenanted approach, analysts
M&C Report takes a closer look at the full-year results to 4 May for Greene King and talks to chief executive Rooney Anand
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NewsGreene King FY PBT grows 9.4%
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
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NewsM&C20 begins recovery from slump
The M&C20 Leisure Index recouped some of the losses it suffered last week as it finished up five points to 1,183, while the All Share Index fell 11 points to 1,048, once again widening the gap between the indices largely thanks to gains made by Greene King and Mitchells & Butlers
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NewsShan: Mixed start to year anticipated for GK
A leading analyst has said that he does not anticipate Greene King reporting a particularly strong start to the year given a solid +3.1% LFL comp
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NewsJack upgrades Greene King to Hold
Leading analyst Douglas Jack has upgraded Greene King from Add to Hold following “recent weakness”
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NewsCollyer: Greene King a long term winner
Greene King’s 2020 strategy for growth should see it generate above the long term market average growth rate, whilst also continuing to grow dividends in line with earnings, according to leading analyst Geof Collyer
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Analysis & InsightLoch Fyne tops customer satisfaction poll
Loch Fyne, the Greene King-owned brand, is delivering the highest levels of customer satisfaction in the UK’s eating out sector, according to the latest findings from CGA Peach’s BrandTrack
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Greene King awards facilities management contract
Greene King has awarded a facilities management contract to Selwyn Building Services (SBS), which is taking on an additional 35 staff to service the deal
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Hawthorn being offered “lots of pubs”
Hawthorn Leisure, the new pub group, is being offered “lots of pubs” and hasn’t ruled out buying managed sites
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NewsGreene King pulls out of Orchid sale process
Greene King has announced it has pulled out the sale process for Orchid Group, with the latest round of bids for the 225-strong Rufus Hall-led company thought to be due in today
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Analysis & InsightBritish household leisure spend up 8% in April
Average British household leisure spend increased 8% to £215 in April boosted by improved weather and the long Easter weekend
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NewsM&B and Greene King 'bid for Orchid package'
Mitchells & Butlers (M&B) and Greene King are understood to have both bid for c158 of the 255-strong Orchid estate, according to The Times leisure correspondent Dominic Walsh
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NewsGreene King to improve daytime trading
Greene King has revealed details of its five-year plans for growth to 2020, which includes the group improving its exposure to daytime trading and reducing its exposure to alcohol & evenings/weekends
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NewsAnalyst corner
Sahill Shan at N1 Singer reports on Greene King’s analyst briefing from earlier this week and how it has evolved into a multi-faceted restaurant/casual dining company
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Jack: GK disposal “dilutive, but strategically right”
A leading analyst has described Greene King’s sale of 275 non-core tenanted and leased pubs to Hawthorn Leisure for £75.6m as “dilutive, but strategically right”
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NewsGreene King sells 275-strong portfolio to new venture
Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King, for £75.6m.
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NewsGreene King managed LFLs up 4.8%
Greene King has this morning announced that like-for-like sales across its managed estate were up 4.8% over the last 16 weeks and that it had recorded its 22nd consecutive quarter of like-for-like sales growth
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NewsGreene King loses tax appeal
Greene King, the brewer and pub operator, has lost an appeal relating to its tax avoidance scheme and could be forced to pay back roughly twice the amount of tax it tried to avoid
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Analysis & InsightLeisure spend falls in event-less March
British households spent 6% less on drinking out in March than in February, but slightly more on eating out, according to the latest Greene King Leisure Tracker
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NewsJack expects 'strong update' from Greene King
Leading analyst Douglas Jack says he expects a “strong update” from Greene King next week, with a “good chance of upgrades”




























