All Pubs articles – Page 288
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NewsFY net income down 2.9% at ETI
Enterprise Inns has this morning reported a 2.9% decline in like-for-like net income for the year to 30 September, but said that it had witness an improving trend in the final quarter of the year, with like-for-like net income growth of 0.6%
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NewsTuppen to step down from Enterprise
Enterprise Inns chief executive Ted Tuppen has announced he is to retire from the group he founded in 1991 next February with current chief operating officer Simon Townsend to succeed him. Tuppen, who will leave the company 19 May, has been chief executive of the company for more than twenty years
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OpinionTurning point for the sector
This year will come to be seen as a turning point in the market, argues Peter Hansen, founder of Sapient Corporate Finance
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News
JW Lees ups expansion target
JW Lees managing director William Lees-Jones has told M&C Reporthe expects the company to spend between £10m and £15m buying 15 pubs a year
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NewsMartin criticises 'delusion' in pub industry
JD Wetherspoon chairman Tim Martin has said there’s a “level of delusion” among senior figures in the industry who are “out of touch” and often “don’t actually like pubs”
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News
Derry eyes 25 more White Brasserie pubs
Restaurant entrepreneur Mark Derry is looking to expand his fledgling White Brasserie pub concept by around 25 sites over the next two or three years using a new-style lease
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Opinion
JW Lees PBT grows 23.1%
JW Lees, the Manchester-based brewer and pub operator, saw pre-tax profits grow 23.1% to £5.9m in the year to 31 March and it reiterated plans to expand after securing a £10m facility from the Royal Bank of Scotland
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News
Brains replaces Costa in pubs with own brand
SA Brain, the Welsh brewer and pub operator, has taken out Costa coffee in its 95 sites and brought in its own brand named Great Little Coffee Company, retail director Philip Lay told the Pub Retail Summit
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News
Brunning & Price grows pipeline
Brunning & Price (B&P), the Chester-based pub group owned by the Restaurant Group, will open three further pubs before the end of the year and expects to be “even busier” on the openings front in 2014
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News
French: Good growth expected for Fuller’s in Q3
A leading analyst has said he expects Fuller’s to report a period of good progress with c7% growth in earnings to £18.3m PBT when it announces its H1 results for the 26 weeks to 28 September on 22 November
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News
Openings to aid Young’s performance
A leading analyst has said that he expects a raft of new openings to have provided momentum to the performance of Young’s, which will release its H1 results for the six months ended 30 September on 21 November
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NewsCraft Beer goes mainstream
Craft beer has gone mainstream this year, beer writer Pete Brown has told the Pub Retail Summit
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to Enterprise Inns’ full-year results next Tuesday (19 November), saying that he believes it will have struggled to reach its Q4 like-for-like target for profitability
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NewsStonegate's Bramwell package includes Varsity but not Wild Lime
The 78 former Bramwell Pub Company sites acquired by Stonegate include about a dozen within Greater London and seven Varsity-branded student pubs, although its three new Wild Lime sites and its first premium concept are not part of the deal
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NewsStonegate acquires Bramwell portfolio
Stonegate Pub Company, the TDR Capital-backed group, has completed the acquisition of 78 sites from the administrators of Bramwell Pub Company, in a deal that is believed to be valued at around £35m, M&C Report understands
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News
Hansen: 2013 a turning point for pub market
This year will prove to be a “turning point” in the pub market, Sapient Corporate Finance founder Peter Hansen has predicted. Speaking at M&C Report’s Pub Retail Summit, he predicted banks would start to “loosen up” - and clearing banks would begin “piling back into the market”.
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News
Kings Park-backed Inn Collection up to four
Inn Collection, the northern England-based coaching inn operator, has secured its fourth site days after Kings Park Capital (KPC) made a £10m investment in the business, M&C Reporthas learnt
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News
Faucet Inn to reopen the Refectory
Faucet Inn, the London-based company led by Steve Cox, is to reopen The Rectory site in London’s Hampton Hill, over three after the site was closed for redevelopment
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OpinionLiving the Guy life
Guy Newell talks about running casinos for the Shah in Iran, setting up a multi-million pound business, and recounts his experiences with Playboy bunnies
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NewsBath Ales to operate Colston Hall sites
Bath Ales and Colston Hall have have announced that they will be joining forces to create a locally inspired Café Bar and restaurant destination within the South West’s leading concert hall