All Results articles – Page 42
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NewsThwaites secures new brewery site as FY PBT grows
Daniel Thwaites, the Lancashire brewer and pub operator, saw profits before tax and exceptionals grow from £6m to £7.8m in the year to 31 March following the culmination of a three-year restructure process at the company, and said it expects to complete on the purchase of a new brewery and head office towards the end of the year
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NewsMcMullen's managed lfls accelerate to 6.7%
Like-for-like managed sales growth for McMullen’s, the Hertfordshire-based brewer and pub operator, has accelerated to 6.7% in the six months to the end of March 2014 after growing by 4.2% in the year to 28 September 2013
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Timothy Taylor pre-exceptional operating profit grows 3.2%
Timothy Taylor, the West Yorkshire brewer and pub operator, saw pre-exceptional operating profits rise 3.2% to £2.1m in the year to 30 September
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NewsWhitbread details restaurant improvements
Whitbread is seeing a “significant improvement” in guest scores and ‘intention to return’ rates at its restaurants, and is also reversing earlier margin contraction as it draws back from promotions, according to chief executive Andy Harrison
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NewsWhitbread Q1 lfls grow 6.9%
Whitbread, the leisure group, has reported a 6.9% rise in like-for-like sales in the 13 weeks to 29 May, led by Premier Inn (+9.5%) and Hotels and Restaurants (+7.6%), while Costa and the Restaurants divisions were up by 4.5% and 4.4% respectively
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Commercial sector boosts Majestic
An increase in sales direct to pubs, bars and other commercial businesses helped Majestic Wines grow total sales 1.4% to £278m in the year to 31 March 2014
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NewsLoungers FY EBITDA grows 52%
Loungers has reported a 52% rise in EBITDA before central overheads to £6.7m in the year to 27 April as like-for-like sales grew 5.1%, and said its Lounge format could “easily” exceed 350 sites
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Five Guys lifts Bluewater
Bluewater, the 1.6m sq ft shopping centre owned by Land Lease, saw sales of its catering brands rise 11% in May against the same month last year, fuelled by the opening of Five Guys there in April
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NewsPizza Hut UK to accelerate refurbs, reports FY operating profit
Pizza Hut UK plans to accelerate its refurbishment programme next year by investing in a further 90 restaurants, after seeing like-for-like sales at invested sites grow 20 to 25% on average, CEO Jens Hofma has told M&C Report
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NewsSpirit Q3 managed lfls rise 6%
Spirit Pub Company has reported a 6% rise in like-for-like sales in its managed estate in the 12 weeks to 24 May, with like-for-like net income in the leased arm accelerating to 5.3%
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NewsBath Ales adjusted EBITDA nears £1m
The parent company of Bath Ales, the brewer, pub and restaurant operator led by Robin Couling, achieved EBITDA of c£950k in the year to 31 August 2013 on turnover up 37% to c£14m when adjusted for a consolidation process that concluded at its year-end
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NewsBrewDog: seven more bars for 2014
BrewDog, the Scottish brewer and pub operator, has confirmed plans to open a further seven bars this year and four more BottleDog off-licences
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NewsUK lifts McDonald's in Europe
A “positive” performance in the UK and France helped McDonald’s lift comparable sales in Europe by 0.4% in May, as global comparable sales grew by 0.9%
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Statutory code affects Vianet’s profit line
Vianet, the beerflow monitoring company formerly known as Brulines, reported revenue of £18.35m, down from £21m, and pre-tax profit of £1.56m across its portfolio of vending monitoring equipment for the year to 31 March 2014
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Bitters ’n Twisted FY lfls grow 3%
Bitters ‘n Twisted, the Midland-based pub and restaurant operator, has reported a 12% rise in turnover and growth of 3% in like-for-like sales up to £4.4m, for the year ending 31 August 2013
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Manchester's Spinningfields FY revenue tops £50m
Turnover at Spinningfields, the business and retail district in Manchester that includes a number of restaurants and bars, has grown to more than £50m for the first time since it opened in 2007, developer Allied London has reported
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NewsSSP H1 EBITDA grows 12.6%
SSP Group, the F&B travel concessions operator, has reported a 12.6% rise in EBITDA to £54m in the six months to 31 March, with like-for-like sales up 3.2% over the period
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NewsFuller's: coffee, Heathrow, acquisitions, statutory code
M&C Report takes a closer look at the full year results to 29 March for Fuller’s and speaks to chief executive Simon Emeny
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Bath Ales reports FY loss
Bath Ales, the brewer, pub and restaurant operator led by Robin Couling, has reported a pre-tax loss of £40,235 in the year to 31 August 2013, against a pre-tax profit of £241,374 in the previous year
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NewsRollo: Slowdown at Costa expected in Q1
A leading analyst has said that expects Whitbread to report solid Q1 LfL sales growth of 5.5% driven by strong trading in Hotels and Restaurants but a slowdown at Costa