All Results articles – Page 52
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NewsWhitbread Q2 lfls grow 6.8%
Whitbread has maintained its like-for-like sales growth in its most recent trading period, with growth of 6.8% in the 11 weeks to 14 August, and said it “remains on track for another good year”
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NewsNetwork Rail reports strong growth for food operators
Like-for-like sales at ‘specialist’ food retailers Wasabi, Nampo, Mi Casa and Patisserie Valerie at stations operated by Network Rail increased by 18% in the three months to 30 June
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NewsMcDonald’s UK FY turnover hits £1.5bn
McDonald’s Restaurants Limited, the UK arm of the fast food giant, saw turnover for 2013 grow 13.7% to reach £1.5bn in 2013, as pre-tax profits rose 21.1% to £244.9m
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NewsMiller Brands maintains strong performance
Miller Brands UK, the supplier of premium beer brands Peroni and Pilsner Urquell, has continued its strong performance in its current financial year after reporting growth in the year to 31 March, managing director Gary Haigh has told M&C Report
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NewsGlendola: FY PBT falls 11.2%
Glendola Leisure, the London-based bar and restaurant group, has seen its profit fall to £2.2m from £2.5m the previous year in what it called “a reasonably successful period in challenging economic circumstances”
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News
Trust Inns FY PBT grows 32.8%
Trust Inns, the tenanted pub operator led by Lynne D’Arcy, saw pre-tax profits grow 32.8% to £3m in the year to 31 March
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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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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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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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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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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