All Results articles – Page 38
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NewsMiller Brands FY PBT grows 20.9%
Miller Brands UK, the supplier of premium beer brands Peroni and Pilsner Urquell, saw pre-tax profits grow 20.9% to £23.8m in the year to 31 March on turnover up 3% to £247.5m
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NewsTasty reports 23.6% rise in H1 PBT
Tasty, the operator of the Wildwood and Dim T brands, saw pre-tax profit increase 23.6% to £973,000 in the 26 weeks to 29 June
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NewsKFC reports rise in FY PBT
KFC UK & Ireland saw pre-tax profit for the year to 1 December 2013 climb from £39.1m to £40.1m
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NewsHall & Woodhouse FY PBT grows 11%
Hall & Woodhouse, the Dorset-based brewer and pub operator, has reported an 11% rise in pre-tax profit to £7m in the year to 25 January 2014 and revealed it has total committed facilities in place of c£60m
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NewsSpirit Q4 managed lfls rise 2.1%
Spirit Pub Company has reported a 2.1% rise in like-for-like net sales in its managed arm for the 12 weeks to 16 August, with net income growth in the leased division accelerating to +4.8%
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NewsSpirit 'set for solid Q4'
Leading analyst Nicholas Batram has predicted a “solid” Q4 for Spirit Pub Company and said he expects the firm to achieve his predicted 4% like-for-like sales growth for the year
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NewsSpirit to 'lose trading momentum' in Q4
Trading momentum for Spirit Pub Company could “lose pace” in the fourth quarter of 2014, although full-year like-for-like sales growth should be “upbeat”, according to a leading analyst
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NewsTesco to reduce capex
Tesco has announced that capital expenditure for its current financial year is to be lower than initially planned, with a total spend expected to be £2.1bn, c£400m lower than anticipated and c£600m below last year
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NewsTRG H1 lfls up 2.5%
The Restaurant Group (TRG) saw like-for-like sales grow 2.5% for the 26 weeks to 29 June and said it remained on track to double in size over the next eight to ten years
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News
Pernod Ricard FY Europe sales up 2%
Pernod Ricard, the world’s second-biggest spirits group, saw full-year sales decline 7% to €7.95bn
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News
Pub People Co reports pre-tax loss
The parent company of Midlands-based Pub People Company saw its pre-tax profit turn into a pre-tax loss in the year to 31 March 2014 after incurring significantly higher interest charges, and said it would continue to exit “underperforming” pubs
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Analysis & Insight
Food spend falls
The amount spent on food has fallen for the first time since record began 25 years ago, as prices continued to outstrip wage growth
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NewsBrakspear reports a year of ‘positive change’
J T Davies & Sons, the parent company for Henley-based pub operator Brakspear, has reported a year of “positive of change”
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NewsBatemans has seven-figure acquisitions fund
Batemans, the Lincolnshire brewer and pub operator, has a seven-figure sum available for acquisitions over the coming three years and also plans to dispose of nine pubs during 2014 and 2015, managing director Stuart Bateman has told M&C Report
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News
PBT surges for Sir John Fitzgerald
But the pub and restaurant group says it “may be some time before the north east, our trading area, feels more affluent”
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NewsCarlsberg sees 'particularly strong' UK Q2 growth
Carlsberg saw its UK business grow 4% in the first half of 2014, with “particularly strong growth” in Q2 due to favourable weather conditions compared to last year in addition to its World Cup activities
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NewsStrong UK helps drive Heineken volume growth
Heineken has reported double-digit volume growth in Western Europe in the first half of 2014, driven by “strong underlying brand performances” in the UK as well as France, Spain, Ireland and Portugal.
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NewsDraft House lfls up 10%
Like-for-like sales for Draft House, the London-based craft beer bar concept, are currently about 10% ahead of last year and the group expects to make “significant” net profit and EBITDA in its current financial year, founder Charlie McVeigh has told M&C Report
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NewsDraft House reports sharp growth in EBITDA and sales
Draft House, the London-based craft beer bar concept, saw EBITDA before opening expenses grow 163% to £251,620 in the eight months to June 2014, while year-on-year sales increased 29% to £3.2m
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NewsBatemans FY profits slide
Batemans, the Lincolnshire brewer and pub operator, saw pre-tax profits slide 29.9% to £168,135 in the 12 months to 31 January 2014 in what it called “another challenging year”.