Interim results

We released our results for the first half of the year on the Stock Exchange this week, where the overall message was that we’ve had a strong performance and profit and cash flow growth.

Here are the highlights from our interim results for the 26 weeks ending on 2 April:

Profit and cash flow growth from high quality pub and beer business

– Strong trading performance
– High quality pub estate delivering strong growth
– Market-leading beer business continues to grow strongly
– Interim dividend up 4% to 2.6p per share; cover of 1.8 times improved vs H1 2015
– Full year plans on track

Ralph Findlay, CEO
, said: “We are encouraged by our first half performance, and are on track to meet our expectations for the year. In pubs, we have driven our growth by the organic development of pub-restaurants and franchise-style pubs, and more recently through investment in lodges and premium bars, widening our appeal. In brewing, we had an excellent first half year and achieved good growth through our industry-leading brands and service.”

To view the full statement and results presentation on our website, click here.


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