Stonegate Pub Company has reported like for like revenue up 4.7% in the full year to September 2018.

Total revenue for the 53 weeks ended 30 September 2018 was up 11.0% to £774.4m.

EBITDA up 11% to £114.9m, driven by continued investment in the estate, the integration of the Be At One business and capitalising on the trading opportunity presented by the FIFA World Cup.

Covering a multi-format trading estate of 725 predominantly drink-led pubs, following the September year-end the company has grown to 772 sites.

Like for like sales growth was 5.3% in Q4 2018 while profit growth was 8%.

The company completed 107 investments in 53 weeks ended 30 September 2018 with all formats being invested in, comprising 101 sites within the like for like estate and six from acquisitions during the year.

The group acquired 42 sites in the 53 weeks ended 30 September 2018, including the 33 site Be At One business and four sites from Novus in July.

A further 11 leases from Novus were assigned following September 30.

Stonegate also disposed of 20 trading sites in the 53 week period, bringing the trading estate to 725 pubs as at 30 September 2018.

Post the year end, Stonegate reported it had performed strongly over the festive period, with total like for like sales growth up 7.8% - up from 5.5% during the same period in 2017.

In 2019 Stonegate acquired the 32 strong Fever Bars business and a further six sites from Novus in January.

Chief Executive Simon Longbottom said: “Stonegate has enjoyed an exceptionally strong full year in which we have bolstered our growing reputation for being one of the leading operators of high street bars in the UK’s towns and cities.

“The Be At One business and the sites we acquired from Novus in the year have integrated well into our structure and they are going from strength to strength. Alongside this, we have continued with our programme of investment in our existing estate. We were also able to leverage our strength in sports-led entertainment during the FIFA World Cup in the Summer – further establishing our prowess in this market segment.

“Our recent acquisitions show that we remain committed to our strategy to consolidating the UK’s drink-led market through our multi-format strategy.”