All Spirit Pub Company articles – Page 7
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News
Spirit promotes Young to facilities director
Spirit Pub Company has promoted David Young from head of investments to investments and facilities director
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News
Tommy Flynn's pub brand up to four
London Metropolitan Taverns, the London-based pub operator led by Sean Flynn, has opened its fourth pub under the Tommy Flynn’s brand and its first outside the capital, in Northampton
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Analysis & InsightThat’s the Spirit
Spirit Pub Company has come a long way since its demerger from Punch Taverns over two years ago. However, despite consolidation in the pub sector coming back into play, reports that the Mike Tye-led group is considering a bid for rival Orchid seems at the moment a case of the business running before it can walk
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NewsSpirit completes refinancing
Spirit Pub Company has announced the results of its debt re-profiling, achieving its desired target of securing participating levels of 70% for A1 bondholders and 50% for A3 bondholders, which should free up c£53m of cash for expansion
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NewsRollo: Consolidation of managed sector would make sense
A leading analyst has said that he thinks consolidation in the managed pub sector would make a lot of sense
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NewsJack: Spirit buoyed by Flaming Grill Lite
Leading analyst Douglas Jack has issued a Buy recommendation for Spirit Pub Company, highlighting its “attractive growth prospects” and pointing out that trials of its Flaming Grill Lite offshoot are achieving double the company’s return hurdle rate
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NewsCollyer raises Spirit TP following 'cunning plan' on debt
Spirit Pub Company’s “cunning plan” to announce a debt re-profiling could and should free up much needed cash for investment before a probable refinancing in 2018, according to a leading analyst
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NewsFrench downgrades Spirit EPS estimates; upbeat on debt move
Leading analyst Simon French has downgraded predictions for Spirit Pub Company’s earnings per share during this year and next following the group’s full-year results on Tuesday, although he was upbeat about the potential impact of its proposed debt reprofilingspirit
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NewsSpirit: expansion, Wacky Warehouse, Leased innovation, analysts
M&C Report takes a closer look at the full-year results to 17 August for Spirit Pub Company. We report from Spirit’s presentation to analysts featuring chief executive Mike Tye and finance director Paddy Gallagher, and speak to Tye
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to Spirit Pub Company’s full-year results on Tuesday 22 October, forecasting 1% like-for-like sales growth in the managed estate and 0.5% like-for-like net income growth in its leased pubs
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NewsM&C20 'posts' and increase in Royal Mail bonanza week
The M&C20 index enjoyed a bounce this week after four consecutive weeks of decline, rising 2.9% to end on 1,152
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NewsJack: Spirit is undervalued
Leading sector analyst Douglas Jack has said the time is right to buy shares in Spirit Pub Company, which he says are “undervalued”
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OpinionSpirit enters the premium league
Spirit Pub Company last month launched its second Premium Pub site with the conversion of a former Chef & Brewer in Kew, south-west London, which re-opened as the Cricketers. John Harrington spoke to Martin Braisby, brand director of the Premium Pub concept, and the Cricketers’ general manager Paolo Corgiolu, about Spirit’s move into a more premium territory
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NewsSpirit wins training awards
Spirit Pub Company has picked up two awards for its Training Tree learning and development programme. The Best HR Campaign Award and the Gold Award for Best Overall Campaign were presented by the Institute of Internal Communications
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NewsFlaming Grill introduces pic-share app
Spirit Pub Company has introduced an app that lets customers share pictures of them completing an eating challenge in its Flaming Grill sites
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News
Analyst corner
Jamie Rollo, analyst at Goldman Sachs, looks ahead to the upcoming Q4 update from Spirit Pub Company (22 October).
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NewsSpirit to rollout 'intelligent' on-line reservation tool
Spirit Pub Company is to roll out an online reservation tool that enables each individual pub to “intelligently” manage online bookings
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NewsFrench and Jack reiterate Buy for Spirit
Leading analysts Simon French and Douglas Jack has reiterated their Buy recommendations for Spirit following its Q4 trading update on Thursday
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NewsSpirit managed lfls rise 4.1%
Spirit Pub Company reports a 4.1% rise in like-for-like net managed sales in the 12 weeks to 17 August and improving trends in its leased estate
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News
Spirit introduces new Fayre & Square menu
Spirit Pub Company has launched a new autumn menu across its 157-strong Fayre & Square brand, which features new deals across its food and drink range