All Shepherd Neame articles – Page 3
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OpinionDominic Walsh: ‘Freedom’ lasted all of 17 hours
It was dubbed Freedom Day. The moment when all Covid-related restrictions would be lifted and life – notably going to the pub or eating out at a local restaurant – would return to normal.
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NewsShepherd Neame: Cash burn ‘less extreme’ as brewery picks up slack
Profit might not be the most important metric for success for Jonathan Neame at the moment. The next 12 months is all about getting the business firing again, getting the teams back and welcoming customers back.
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NewsShepherd Neame swings to loss
Shepherd Neame has reported a fall in turnover to £55.3m for the six months to 26 December 2020, from £79m for the comparable to the first half of 2020.
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InterviewsShepherd Neame CEO Jonathan Neame: ‘Hancock is a latter-day Champagne Charlie’
The government should expect a “huge political backlash” on the other side of the pandemic for its “disproportionate” and “arbitrary” restrictions on the pub sector, Shepherd Neame CEO Jonathan Neame has said.
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InterviewsEnd of lockdown 2 has ‘limited spark’ and ‘different feel’ to lockdown 1
Hospitality’s second reopening weekend, marked by notably low footfall and cautious consumer behaviour, has had a “different feel and sentiment about it to that of lockdown 1,” UK Hospitality CEO Kate Nicholls has said.
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InterviewsJonathan Neame: ‘Scapegoating of hospitality won’t wash’
No one wanted to go into a second lockdown. But are there any silver linings?
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NewsShepherd Neame ‘resilient and well positioned for growth’
Shepherd Neame remains “extremely resilient” as it enters into lockdown, and will emerge in a “position of strength”, the group reported in a financial update.
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NewsShepherd Neame cuts 10% of staff
Shepherd Neame has announced it has cut 10% of its workforce as it prepares for the month-long lockdown. to close all 319 of its pubs and hotels for the month-long lockdown.
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NewsShepherd Neame: “profitable and cash generative” since reopening
Shepherd Neame has said since July, “nearly all” its pubs have reopened and are trading “successfully”. In a trading update it said in the 13 weeks since 4 July the business has been “profitable and cash generative”. Net debt at the year-end was £84.4m with an additional £11m of tax liabilities that had been deferred in agreement with HMRC. As at 26 September net debt was £82.4m with the tax liabilities that had been deferred reduced to £5.7m with a further £1.2m of general deferrals. It said liquidity is “sufficient for the foreseeable future”. Like-for-like sales in the 64 managed pubs and hotels that were open for this period were down 7.9%.
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NewsShepherd Neame to maintain c.£10m capex in pub estate
Shepherd Neame will continue to invest c.£10m per year in its pub estate on a long-term basis, chief executive Jonathan Neame has told MCA.
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NewsManaged pubs achieve strong lfls for Shepherd Neame
Shepherd Neame has achieved strong like-for-like (lfl) sales grow for both its managed and tenanted pub division but brewing and brands drove group turnover down over the full-year.
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NewsShepherd Neame chairman to step down; Georgel appointed NED
Shepherd Neame chairman Miles Templeman has announced his intention to step down from the board, following 15 years in the role, and 18 years as a director.
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NewsShepherd Neame plans significant investment in managed estate
Shepherd Neame has earmarked significant funds for investment in its managed estate over the course of 2019, with several million pound projects in the offing, MCA has learnt.
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NewsShepherd Neame to update image of cask
Shepherd Neame is to launch a new initiative in March which will see them modernise their cask offer.
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NewsShepherd Neame introduces new incentive structure for employees
Shepherd Neame has introduced a new bonus and incentive structure as part of a drive to improve the customer experience, as well as promote hospitality as an attractive career option.
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NewsNeame: ‘We have been adding bedrooms where we can’
Accommodation is likely to be an increasing focus for Shepherd Neame on the back of strong half year results, MCA has learnt.
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News
Neame: No room for mediocre pubs
Shepherd Neame’s focus on revitalising its managed pub estate has boosted its profits
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NewsFY turnover up 11.7% at Shep Neame
Shepherd Neame has this morning reported an 11.7% increase in turnover to £156.2m in the year to 24 June 2017
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News
Shep Neame launches Bluewater pop-up
Shepherd Neame has launched a seasonal pop-up brewery store at Bluewater
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News
Barnfather: Shep Neame gathering momentum
Leading analyst Anna Barnfather has said that Shepherd Neame is gathering momentum