JD Wetherspoon announces first-half operating profits on Friday. The Sunday Telegraph says that analysts expect a 3% fall to about £45m.
According to The Sunday Express, the shift in mix towards food is likely to have resulted in some margin declines, while costs have risen and customers have tightened their belts.
Brokers Evolution, adds the paper, predict profits of £29.2m, down from £32.9m the previous year.
The Sunday Telegraph 02/03/08 (Business) page 9
The Sunday Express 02/03/08 (Financial) page 30
