All Shepherd Neame articles – Page 2
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NewsShepherd Neame sees strong like-for-like trading
The family brewer and pub operator said it had performed well with encouraging demand. Like-for-like sales in its pubs and hotels division were up 13% in the six weeks to 25 June 2022, but its central London pubs are yet to make a full recovery
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NewsPub Conference 2022: full agenda revealed
Stonegate’s chairman and founder Ian Payne, Fuller’s chief executive Simon Emeny and Shepherd Neame’s chief executive Jonathan Neame are among the highlights on the programme
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InterviewsShepherd Neame: ‘We need to unlock our full potential’
New pubs MD Jonathan Swaine will be a key factor in driving forward the managed and tenanted estate, as the business begins to look outwardly again, CEO Jonathan Neame tells MCA
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NewsShepherd Neame achieves ‘strong rebound’ in sales
The brewer and pub operator, which announced the issue of its first dividend since October 2019, said most of its London pubs were now trading at near normal levels
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NewsJonathon Swaine returns to pub sector
The former Fuller’s MD is joining Shepherd Neame to lead its pubs business
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NewsShepherd Neame to offer new year rent reduction
The family brewer and pub operator has announced it will be introducing a 10% rent reduction for its licensees from 1 January 2022.
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InterviewsShepherd Neame: ‘No shortage of opportunities to invest’
After major capex projects were put on hold during the pandemic, chief executive Jonathan Neame is eager to up investment
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NewsJonathan Neame: ‘Pubs every bit as core to British life’
Shepherd Neame has reported a full year loss before tax of £16.4m, but reported strong trading since reopening.
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NewsShepherd Neame ‘back on the path to recovery’
Shepherd Neame has reported an encouraging resumption of trade, generating cash and profits ahead of expectation.
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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.