All Shepherd Neame articles – Page 4
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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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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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Shep Neame launches Bluewater pop-up
Shepherd Neame has launched a seasonal pop-up brewery store at Bluewater
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Barnfather: Shep Neame gathering momentum
Leading analyst Anna Barnfather has said that Shepherd Neame is gathering momentum
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Barnfather: Shep Neame gathering momentum
Leading analyst Anna Barnfather at Panmure Gordon has said that Shepherd Neame is gathering momentum
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Neame to chair Visit Kent
Shepherd Neame chief executive Jonathan Neame has been announced as the next chairman of Visit Kent.
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Analysis & InsightConfident Neame looks to the future
Despite capital restructure in the summer and a number of changes at boadroom level, Shepherd Neame is confident the industry is back on its feet and thriving once again.
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NewsSheps to increase tenancy investments
Shepherd Neame expects to increase the level of investment in its tenanted pubs during its current financial year, chief executive Jonathan Neame has told M&C Report
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NewsShepherd Neame reports record FY EBITDA
Shepherd Neame, the Kent-based brewer and pub operator, has reported a 8.9% rise in like-for-like sales across its managed pubs and hotels division
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NewsSheps shareholders approve restructure
Shepherd Neame shareholders have voted to approve the brewer’s restructure plans, despite legal threats from within the family
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Admiral and Sheps welcome 'end of uncertainty'
Another two senior pub company figures have expressed disappointment at Government plans to introduce a statutory code in the tenanted sector, but welcomed the end of a period of uncertainty
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Stuart Neame: legal action a 'last resort'
Stuart Neame has accused the board of directors at his family firm of lying to shareholders over plans to simplify its capital structure, but the former company vice-chairman distanced himself from an article in the Daily Mail suggesting he would take legal action on Monday if the changes he was demanding were not made