All Punch Pubs Co articles – Page 3
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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
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InterviewsPunch Pubs confident in internal expectations
The 1,248-strong pub operator expects cash flow, profitability, and EBITDA to grow going into FY24, according to CEO Clive Chesser and CFO Steve Dando
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NewsPunch Pubs reports strong full year results
The 1,248-strong pub operator reported like-for-like growth across divisions, with total revenue of £313.5m for FY23, up from £284.4m in FY22
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NewsPunch reports strong performance across divisions
Punch Pubs has updated on the 12 weeks ended 21 May 2023 (Q3 FY23), with total revenue of £75.8m and underlying EBITDA of £20.3m
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InterviewsStar Pubs & Bars: ‘The great British consumer still loves pubs’
MD Lawson Mountstevens told MCA’s Pub Conference said despite cost challenges, he feels much more optimistic than eight months ago, as consumer demand is coming through strongly on the top line
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InterviewsPunch: Operator managed model makes us better at running pubs
The model is also providing a solution for “very talented” individuals who want to build a career in the sector, Punch CEO Clive Chesser told MCA’s Pub Conference
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NewsPunch sees half year revenues up, but profits down
The group has reported an uplift in revenue to £158.1m for the 28 weeks to 26 February 2023, with a stronger performance in the second quarter compared to 2022
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NewsPunch partners with Eden Project
The pub company has partnered with the Eden Project as part of a pledge to reduce its carbon footprint and increase biodiversity across its estate by enhancing its pub gardens
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NewsPunch acquires two community pubs
The company has added to its c1,300-strong portfolio, and is continuing to seek both packages and single-site acquisition opportunities
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NewsRussell Danks becomes Laines MD
Punch Pubs has announced changes to its executive team, with Russell Danks taking over from Dan Hills as managing director for sister business Laine Pub Company
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NewsPunch Pubs looks to capitalise on post-pandemic bounceback
The pub operator has rebounded strongly and is looking to maximise profitability and pursue strategic acquisitions
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NewsPunch Pubs revenue recovers
The pub operator has reported a revenue of £284.4m and a loss after tax of £3.1m for the year ended 14 August 2022
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InterviewsPunch CEO: ‘Our ambition is to be a modern and progressive pub company’
Clive Chesser said backer Fortress supports the Punch’s plan for M&A and had confidence in its growth trajectory
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NewsPunch Pubs appoints marketing & strategy director
Andrew Carlill, formerly of The Big Table Group, has joined Punch Pubs on an interim basis