Chef & Brewer aids S&N profits boost

01 January 2000
Chef & Brewer aids S&N profits boost

Strong growth from its Chef & Brewer chain helped raise interim pre-tax profits at Scottish & Newcastle (S&N) by 7.3% to £222m, the company revealed this week.

Food sales in the group's branded pubs grew by 15%, against the market average growth of 7%.

At Chef & Brewer, sales were up by 43% and profits by 70%. Even longer-established pubs saw sales grow by 14% and profits by 26%, S&N said.

The mix of sales in Chef & Brewer is now 60% food and 40% drink.

Bob Ivell, managing director of restaurants and developments, put the sales growth down to a focus on fresh food in traditional surroundings.

Rival chains had been "deskilling" their kitchens and using more pre-prepared food, said Ivell. "We've put chefs back in the kitchen. We do fresh food and sell fresh fish, which in the past four years has grown dramatically."

S&N plans to turn 70 of the 565 pubs and pub restaurants bought from Greenalls earlier this month into Chef & Brewers.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking