All Punch Pubs Co articles – Page 2
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InterviewsPunch looks to evolve L&T agreements
CEO Andy Spencer says innovation in Punch Pubs’ leased & tenanted business is currently a major focus, in order to help publicans navigate and remain competitive in a challenging cost environment
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NewsPunch to ‘move forward at pace’ with investment
The Fortress-backed pub company is looking to move around 30-40 pubs to its management partnership model in 2025, while looking at further acquisitions, CEO Andy Spencer tells MCA.
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NewsPunch Pubs: ‘The last year has been incredible in terms of sustainability engagement’
Jon Dale and Jessica Nicklin share how Punch is driving sustainability initiatives across its network of over 1,300 pubs, in the latest finalist profile for the Sustainability category at the MCA Hospitality Awards
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NewsPunch acquisitions to boost profits
The pub group expects to realise an additional £8.5m in EBITDA following the acquisition of 34 pubs
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NewsJames Croft joins Punch Pubs
The co-founder of Valiant Pub Company, who also spent 18 years with Ei Group, has joined Punch as group strategy & commercial director
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NewsPunch acquires 14 pubs from Aprirose
This deal for the Milton 1 & 2 portfolio takes Punch’s total acquisitions in the last 12 months to more than 50 pubs
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InterviewsGavin George on the pub sector: ‘I couldn’t think of being anywhere else’
As he steps down from the business he co-founded 27 years ago, outgoing Laine Pub Company CEO Gavin George speaks to MCA about Britain’s 2,000-year love affair with pubs, attracting the next generation of customers, and what’s next for the entrepreneur
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NewsGavin George to step down as Laine CEO
The Laine Pub Company founder will transition to non-executive director within the wider Punch Pubs group, while Russell Danks will lead the management of the Laine division
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InterviewsClive Chesser: ‘Pubs will continue to reinvent themselves’
As he steps away from Punch Pubs & Co to join PureGym Group, Clive Chesser reflects on a personal and wider societal shift towards health and fitness, why he prefers balance over moderation, and how he believes the pub sector will always keep evolving
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NewsPunch Pubs appoints new CEO as Clive Chesser steps down
Punch Pubs’ current chief operating officer Andy Spencer has been appointed as its new CEO, replacing Clive Chesser, who leaves next month to become CEO at The PureGym Group.
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NewsPunch Pubs: All divisions remain in growth
The Leased and Tenanted, Management Partnership, and Laine divisions all delivered like-for-like growth, with total revenue amounting to £241.5m
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Black Sheep Coffee, Punch Pubs, Pizza Pilgrims and Sunday in Brooklyn
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InterviewsPunch Pubs sees ‘more stable’ operating environment
This has resulted in strong EBITDA growth in Q2 2024, with more to come, according to CEO Clive Chesser and CFO Steve Dando
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NewsPunch delivers revenue and EBITDA growth
Underlying EBITDA for FY24 of £85.6m is now ahead of pre-pandemic levels; while the company is seeing “strong returns on investment” from its Managed Partnership division, with 70 more pubs identified for conversion
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NewsPunch acquires former Wear Inns portfolio
Punch Pubs & Co has added 24 former Wear Inns sites, located in the Northeast and Yorkshire, to its 1,300-strong estate
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NewsIn pictures: Laine Pub Company’s Butterfly Trail
The pubco and craft brewer has partnered with Pixel Artworks to bring an augmented reality experience to Brighton’s Spiegeltent
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NewsPunch Pubs reports growth across all divisions
The pub company has identified 70 new pubs in its leased & tenanted estate it will look to convert to its management partnership model over the next three years
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NewsLaine Pub Company delivers ‘credible’ performance
Despite the impact of challenging trading conditions, the 56-strong pub operator reported a rise in revenue to £52.7m in the year to August 2023
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NewsAutumn Statement provides ‘lifeline’ for pubs
Pub operators welcomed the decisions to extend business rates relief and freeze alcohol duty, while calling for long-term reforms to reduce costs and tax burden on hospitality
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NewsPunch Pubs secures hospitality heavyweight trio
After securing the services of Dame Karen Jones and John Colley earlier this year, Hamish Stoddart has been appointed to the Punch Pubs board