Shepherd Neame

Telephone:

01795 532 206

Activities:

Shepherd Neame is a regional brewer and pub operator based in Kent that can trace its origins back to the 17th century. The independent, family-owned company, which is listed on the Ofex stock exchange, is now headed by the fifth generation of the Neame family.

The group’s estate of managed and tenanted pubs is sited in and around London and across the South-east, with the bulk of the estate in Kent.

A mix of the modern and the traditional, the pub estate incorporates rural village pubs, suburban community pubs, town-centre bars, historic coaching inns and food-focused destination houses. Many of the sites in village and coastal locations in Kent have hotel-style letting bedrooms.

Shepherd Neame’s Faversham brewery produces traditional Kentish ales such as Spitfire and Bishops Finger, along with international brands brewed under licence, such as Holsten Export, Kingfisher, Oranjeboom Pilsner, Sun Lik, Hurlimann Sternbrau and Asahi Super Dry. It supplies 85% of beers sold in the group's pubs.

Chief Executive:

Jonathan Neame

Key People:

Chairman: Miles Templeman
Finance and IT director: Ken Littlefair
Production and distribution director: I J Dixon
Retail director: Nigel Bunting
Property and tenanted trade director: George Barnes
Sales and marketing director: G Craig

Commentary:

Shepherd Neame has shown consistent growth over the past three decades and reported its 29th consecutive year of increased profits in 2004.

The group’s community spirit was underlined in 2004, when it opened sub-post offices in four pubs and pioneered a scheme using its pubs to bring broadnet internet access to small rural villages too small to be on BT’s radar. This initiative won it the  Kent Technology of the Year award. In 2005, Shepherd Neame was voted Pub Company of the Year 2005 by the Publican magazine.

In the 2004 annual report, chairman Robert Neame identified the development of larger, managed pubs as a crucial part of the company’s strategy to create a better balance of sales between food, drink and accommodation.

Strategy:

"This has also been a year of record capital investment that will provide a strong platform for long term growth. We have acquired high quality new pubs and made significant improvements to our existing estate, have invested in the brewery and expanded our sales and marketing team. We have also refinanced the business to provide long term funding."

Source: preliminary results, 3 October 2007

Operating Data:

In the year to 30 June 2007, the managed houses boosted sales by 5.7%, with food sales rising by 7.1% to account for 27% of divisional sales. Like-for-like sales in tenanted pubs increased by 6.2%, while rent contributions rose by 5.7%.

Number of pubs: 376 in the South-east (48 managed, 327 tenanted)

Number of letting bedrooms: 214

Number of employees: more than 1,000

Inns with rooms
The Connington hotel, Ashford, Kent
The Crown Inn, Chislehurst, Kent
The Dog and Bear hotel, Lenham, Kent
The Evenhill, Littlebourne, Kent
The Marine hotel, Tankerton, Kent
The Millers Arms, Canterbury, Kent
The New Flying Horse, Wye, Kent
The Royal Albion Hall, Broadstairs, Kent
The Royal hotel, Deal, Kent
The Ship & Trades, Chatham Maritime, Kent
The Sun Inn, Faversham, Kent
The White Horse, Boughton, Kent
The Woolpack Inn, Chilham, Kent

Financial Snapshot:

Full year
Turnover: £100m (2006: £95.3m)
Pre-tax profit: £10.5m (2006: £9.6m)

Half year
Turnover: £50.6m (2005: £48.9m)
Pre-tax profit: £5.1m (2005: £4.7m)

Financial year end: 30 June 2007
Half-year end: 30 December 2006

Address:

17 Court Street

Faversham,

UK