Company Results

Patrick Dardis

​Young’s: Levers for growth; bolt-on acquisitions and cannabis cocktails

16 Nov 2018

Young’s chief executive Patrick Dardis spoke to MCA after yesterday’s H1 trading update. He discussed further levers for growth, why Young’s has turned down several pub groups on the market, his anger with politicians, why he doesn’t pay attention to what his peers are doing and why cannabis-infused mocktails may be the next big trend.

Clive Watson

City Pub Group eyes new £40m debt facility

21 Sep 2018

City Pub Group is in talks over new debt facilities of up to £40m as it seeks further growth amid booming drinks sales.

Darwin & Wallace 29 Power Station West

Darwin & Wallace in positive territory despite £500k loss last year

16 Jan 2019

Darwin & Wallace founder Mel Marriott has told MCA that business performance is in “firmly positive territory” despite a near £500k loss posted in its latest accounts for the year to 27 May 2018.

The Chapel City Pub Group

City Pub Group FY lfls up 1.6%

16 Jan 2019

City Pub Group grew like-for-like sales (lfls) 1.6% in the year to 30 December, with festive lfls up 7%.

Revolution Bars Group

Revolution H1 lfls down 4%

14 Jan 2019

Revolution Bars Group’s strong festive trading could not compensate for the like-for-like sales (lfls) decline in the first quarter.

Brighton Pier Group reports “challenging” conditions for bars

10 Jan 2019

Brighton Pier Group, the Luke Johnson-chaired group, has said it expects pre-tax profits to be c18% lower than expected in the current financial year.

M&B Q1 lfls up 4.7%

10 Jan 2019

Mitchells & Butlers has reported like-for-like sales (lfls) in its first quarter – to 5 January – up 4.7%, with total sales growing 5.1%.

Tossed at Fleet Services

Tossed sees strong lfls on back of tough trading year

08 Jan 2019

Healthy-eating chain Tossed has seen strong like-for-like (lfl) sales growth for the year to date, following a tough trading period in the financial year ended 31 March 2018.

Green King logo

GK YTD managed lfls up 3.2%

08 Jan 2019

Greene King has this morning updated on trading in the 36 weeks to 6 January, in which its managed Pub Company arm grew like-for-like sales by 3.2%.

Wagamama Rushden Lakes

Wagamama Q2 lfls up 12%

03 Jan 2019

Wagamama saw UK like-for-like sales (lfls) grow 12% in its second quarter - the 12 weeks to 11 November.

Pieminister

Pieminister achieves 13% growth in restaurant lfls

21 Dec 2018

Pieminister achieved a 13% increase in like-for-like (lfl) sales within its restaurant estate, during the full year to 31 March 2018, with growth continuing to grow in the first half of 20

Caffe Nero interior

Caffè Nero continues lfl growth momentum following year-end

20 Dec 2018

Caffè Nero has continued to maintain its momentum in like-for-like (lfl) sales growth, following its year-end in May, MCA has learnt.

Drake and Morgan

Drake & Morgan FY lfls up 1.2%

19 Dec 2018

Drake & Morgan has reported like-for-like sales for the year to 25 March 2018 up 1.2%.

Oliver Vaulkhard

Vaulkhard Group turnover boosted by gin distillery

17 Dec 2018

Sales from Vaulkard Group’s gin distillery Newcastle Gin Co grew by almost 90%, to £234k, in the full year to 31 March 2018, however turnover in its leisure business dropped 2% to £9.7m.

Kevin Georgel

Admiral eyes opportunities for growth in 2019

17 Dec 2018

Admiral Taverns chief executive Kevin Georgel has told MCA that the company is primed for further acquisitions and expects there to be significant opportunities in Q2 and Q3 of 2019.

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