J D Wetherspoon plc has announced its interim management statement for the 13 week period up to 26 April 2015, with like-for-like sales increasing by 1.7%, and total sales increasing by 5.8%. In the year to date (39 weeks to 26 April 2015), like-for-like sales have increased by 3.6% and total sales have increased by 7.9%. The operating margin in the 13 weeks to 26 April 2015 … [Read more...]
Greene King trades well
Greene King has issued a trading update for the 51 weeks to 26 April 2015 with Rooney Anand, chief executive officer, commenting: "We once again traded well over key events, such as Valentine's Day and Easter, as customers celebrated and enjoyed these occasions in our pubs. The second half of this financial year, however, has been tougher than the first half, with more … [Read more...]
Spirit Pub Co: how it’s achieving growth
As reported by H&C News on 29 April, Spirit reported its Results for the 28 weeks to 7 March 2015, showing good progress for its portfolio of 1,211 Managed and Leased pubs nationwide, with EBITDA up 5%; profit before tax and Earnings per Share both up 12%, and Mike Tye, Chief Executive Officer, commenting: “We have made good operational and financial progress across both … [Read more...]
Stansted opens F&B in Phase 2 of £80m terminal transformation
Phase two of Stansted Airport’s £80m investment to transform the terminal building and improve services and facilities for passengers has been opened. The latest phase of the departure lounge development is a contemporary, convenient and stylish space that is home to an exciting new line up of cafes, bars and restaurants and designed to offer passengers a wide range of options … [Read more...]
1,000 prospective MPs sign CAMRA’s election pledges
More than 1,000 prospective MPs, and even the two top contenders for Prime Minister, can agree on one thing ahead of next week’s election – support for the Campaign for Real Ale’s calls to stand up for Britain’s pubs, breweries and beer drinkers. Less than one week before polling day, the Labour Party are leading the pack as most pub and beer friendly, with 292 election … [Read more...]