3 December 2024 - final results

The leading pub group has released pleasing results for the 52 weeks to 28 September 2024 with revenues rising by 3% to £899m and pre-tax profits on continuing operations up by 64% to £42.1m.  Adjusted earnings per share rose by over 48% to 5.2p and yet again there is no dividend.  Net debt declined by over 25% during the year to £884m helped by the sale of the brewing joint venture with Carlsberg in July which raised over £200m.  This sale has left the group as a pure pub operating business with . . .

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