All MCA Insight articles in November 2013 – Page 13
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Opinion
JW Lees PBT grows 23.1%
JW Lees, the Manchester-based brewer and pub operator, saw pre-tax profits grow 23.1% to £5.9m in the year to 31 March and it reiterated plans to expand after securing a £10m facility from the Royal Bank of Scotland
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Analysis & InsightNew pubs have more even sales mix
Pubs that have opened in the past five years have a more even sales mix than those that have closed since 2008, new figures from CGA Peach show
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NewsWagamama reaches 100-restaurant UK milestone
Wagamama, the Duke Street Capital-backed chain, has passed the 100-site milestone in the UK after recently opening new sites in Maidstone and Derby
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News
Cote to make North West debut
Cote, the CBPE-backed chain, has secured its first site in the North West, in Manchester, M&C Report has learnt
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News
Brains replaces Costa in pubs with own brand
SA Brain, the Welsh brewer and pub operator, has taken out Costa coffee in its 95 sites and brought in its own brand named Great Little Coffee Company, retail director Philip Lay told the Pub Retail Summit
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News
Rose reveals new-look Chicago details
Chicago Leisure chief executive Christian Rose has revealed more details of the company’s new-look Chicago Rock Café, which opens in Yeovil next Thursday
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NewsRollo expects solid Q3 from Whitbread
A leading analyst said he expects Whitbread to report solid like sales growth of 3%, in line with H1 when it updates the market on 10 December, but that growth across its restaurants will be flat due it being underrepresented in London
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News
Brunning & Price grows pipeline
Brunning & Price (B&P), the Chester-based pub group owned by the Restaurant Group, will open three further pubs before the end of the year and expects to be “even busier” on the openings front in 2014
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News
French: Good growth expected for Fuller’s in Q3
A leading analyst has said he expects Fuller’s to report a period of good progress with c7% growth in earnings to £18.3m PBT when it announces its H1 results for the 26 weeks to 28 September on 22 November
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NewsTRG: C2C, Frankie & Benny’s, Joe’s, London prices
M&C Report talks to The Restaurant Group’s chief executive Andrew Page about the doubling the group’s estate; the expansion and performance of Coast to Coast; a potential push behind Joe’s Kitchen & Coffeehouse, and the general economy, plus a round-up of the analyst’s reaction to its Q3 update
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News
Openings to aid Young’s performance
A leading analyst has said that he expects a raft of new openings to have provided momentum to the performance of Young’s, which will release its H1 results for the six months ended 30 September on 21 November
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InterviewsFriday five-minute interview
M&C Report talks to Andrew Guy, chief executive of Ed’s Easy Diner, the fast-growing American-style casual dining chain, about his best investment, his best business decision and the best piece of advice he’s ever received
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Analysis & InsightBeers, burgers and London buses…
Like any crowded market place there is a greater need for branded operators to differentiate themselves and raise their heads above the proverbial parapet to be seen. In the opinion of Stephen Evans, development director at Gourmet Burger Kitchen (GBK), three clear markets have now emerged
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NewsCraft Beer goes mainstream
Craft beer has gone mainstream this year, beer writer Pete Brown has told the Pub Retail Summit
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to Enterprise Inns’ full-year results next Tuesday (19 November), saying that he believes it will have struggled to reach its Q4 like-for-like target for profitability
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NewsM&C20 large caps have a bad week
The M&C20 Index suffered one of its biggest reverses this week to finish down 2.3% at 1,127, the leisure sector badly underperforming the market as the FTSE All-Share index advanced a point to 1,036
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NewsStonegate's Bramwell package includes Varsity but not Wild Lime
The 78 former Bramwell Pub Company sites acquired by Stonegate include about a dozen within Greater London and seven Varsity-branded student pubs, although its three new Wild Lime sites and its first premium concept are not part of the deal
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NewsStonegate acquires Bramwell portfolio
Stonegate Pub Company, the TDR Capital-backed group, has completed the acquisition of 78 sites from the administrators of Bramwell Pub Company, in a deal that is believed to be valued at around £35m, M&C Report understands
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News
Hansen: 2013 a turning point for pub market
This year will prove to be a “turning point” in the pub market, Sapient Corporate Finance founder Peter Hansen has predicted. Speaking at M&C Report’s Pub Retail Summit, he predicted banks would start to “loosen up” - and clearing banks would begin “piling back into the market”.
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News
34k personal licences issued... as Government looks to scrap them
A total of 34,300 new personal licences were issued in England and Wales the year to 31 March 2013, as the Government examines plans to abandon the system, new Home Office data shows