Pub and restaurant sales fall flat in February, Peach Tracker finds
17th Mar 2016 08:41
(ShareCast News) - Pub and restaurant sales were flat last month and the industry expects to endure a tougher year than last, according to a respected industry survey. The results of the monthly Peach Tracker, produced by CGA Peach in partnership with Coffer Group, RSM and UBS, found like-for-like s
Read moreYoung & Co posts first-half surge in profits
20th Nov 2014 12:19
British pub chain, Young & Co, hailed a 26.2% rise in adjusted first-half pre-tax profit, driven by investment in operations and increased sales after a long, warm summer. Pre-tax profit for the 26 week period ended 29 September rose to £18.4m from £14.9m in the same period last year. Revenue also i
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreUnited Utilities director doubles stake
22nd Jan 2013 16:06
An Independent Non-executive Director of United Utilities Group doubled her stake in the group with the purchase of 5,000 shares in the company on Tuesday. Sara Weller handed bought the shares at 719.80p each for a total of £35,990. She also purchased a further 531 shares on behalf of a Mr M T Well
Read moreYoung's provides full measure
24th May 2012 07:45
Young's evolution into a pure pubs group after the disposal of its brewing interests last year has put the board in a happy mood which even the recent dismal weather cannot spoil. "The disposal of our stake in Wells & Young's has allowed us to focus on our core, premium pub strategy," claimed Steph
Read moreYoung's raises glass to London and South-East
24th Nov 2011 10:53
Young & Co.'s Brewery said it has made a very positive start to the second half of the financial year after it saw revenues rise strongly in the first half. The company said revenue was up 34% at £90.5m during the six months to October, with adjusted profit before tax up 11% to £12.5m. However, in
Read moreGovernment's low-cost alcohol initiative lacks bottle
18th Jan 2011 14:24
The coalition government is set to announce new measures on Tuesday designed to cut back on the practice of retailers offering deep discounts on alcoholic drinks. Though the new proposals will not prevent shops from selling alcoholic drinks as "loss leaders", it is understood that the government wi
Read moreLondon midday: Bears bite Man
28th May 2009 11:56
Stock market bears were out in force again this morning in London after thee overnight shake-out on Wall Street. Shares in hedge fund manager Man Group would be expected to plunge on a day when optimism about the economic recovery of the US is in short supply but the stock is also weighed down by
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