14 May 2024 - interim results

The leading pub operating group, which manages almost 1,400 establishments, has announced its interim results for the 26 weeks to 30 March.  These have shown that revenues have risen by 5.2% to £428.1m with an underlying loss before tax of £0.8m an improvement on last year's loss of £3.6m.  The group increased its underlying pub operating margin to 12.3% from 10.6%, resulting in an underlying pub operating profit of £52.7m (2023: £43.1m) although net finance costs of almost £53m resulted in the group making a . . .

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