13 May 2025 - interim results
The leading pub business has announced interim results to 29 March. These have revealed a return to profitability with adjusted pre-tax profits of £19.0m being recorded against a loss of £0.2m last year. Revenues were little changed at £427m, but the profit increase was due to improved operational efficiencies and cost savings. Earnings per share came out at 2.2p. Net debt at the group reduced to £881m from £1.16bn helped by the disposal of CMBC. The second half has started well with like for like sales up 10.5% in . . .
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