Spitfire brewer sells more beer

15 June, 2011

Kent brewer Shepherd Neame has issued a moderately upbeat assessment of its current trading.

The Spitfire and Bishops Finger brewer says volumes of its own beers grew by 3.6% in the 48 weeks to May 28.

Full annual results will be announced in October. “Whilst we remain cautious about the general state of the economy, the company expects to announce performance in line with market expectations,” the trading update said.

Shepherd Neame took out a five-year loan of £15 million in May 2009, £5m of which has been repaid during the current financial year.

The company operates 360 pubs and said like-for-like sales in its managed houses is up by 7.7%.




Bookmark this


Site Search

COMMENT

Donald Trump: the US has much to learn from history

The reasons Donald Trump should not be left in charge of a shopping trolley, let alone the keys to the White House, are plentiful and well-documented – from his use of the word “bigly” and lamentable business legacy to his dubious post-modern feminist principles, quite astonishing lack of political acumen and, most worrying of all, his bewildering hair. 

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter