Heavitree Brewery, the Devon-based brewer and pub operator, achieved a group operating profit of £583,600 in the first half of the year, up from £269,000. Revealing its interim results for the six months 30 April it said pre-tax profit for the period was £519,000, up 34.1% from £387,000 in 2009. However, it also reported a 30.76% decline in turnover in the first half of the year and said this was because the previous half-year enjoyed extra turnover due to the associated retail sales from its last few managed houses before they were returned to tenancies. Describing the results as “satisfactory”, Nicholas Tucker, the group’s chairman, said: “It is good to report that the company is now performing as expected and is back on an even keel. “A cautionary note needs to be repeated with reference to the state of the economy but the support that we give to our estate of houses together with the necessary controls effected by our operational team should continue to return a steady performance.”