Christmas trading gives Regent Inns a boost

06 February 2007 by
Christmas trading gives Regent Inns a boost

Turnover at Regent Inns, owner of the Walkabout, Jongleurs, Bar Risa and Old Orleans brands, increased by 10.9% for the 26 weeks ended 30 December, the company has announced.

The results include the 15 weeks trade for Old Orleans, which was acquired in September, although not New Year's Eve. As a result, first half profit was reduced by £500,000

In current trading, like-for-like sales increased 3.4% for the six weeks to 6 January following strong trading over the Christmas period.

Bob Ivell, executive chairman, said: "We are pleased that our high profile brands have been steered successfully through the most significant licensing changes for over 100 years.

"Whilst the 12 months following these changes have presented significant challenges, our brands are well-positioned to continue providing a safe and fun environment for customers, and to deliver good returns for shareholders."

Licensing regime costs and increased competion dents Regent Inns profits >>

Regents Inns appoints Russell Scott to the board >>

Punch sells Old Orleans chain to Regent Inns for £26m >>

By Daniel Thomas

E-mail your comments to Daniel Thomas here.

Get your copy of Caterer and Hotelkeeper every week -

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.


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