Secret garden 18 October 2019 After months of secrecy the Newt has opened its gates to a luxurious hotel, extensive gardens, cyder press and restaurant in the core of the Somerset countryside
In this week's issue... Secret garden After months of secrecy the Newt has opened its gates to a luxurious hotel, extensive gardens, cyder press and restaurant in the core of the [...]
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Amber Taverns sees profits fall despite increase in sales

03 September 2018 by
Amber Taverns sees profits fall despite increase in sales

Amber Taverns has reported a fall in operating profits of almost 20% despite a 14% increase in turnover.

Financial results for the year to 4 February show turnover of £74.2m, with like-for-like sales up 1.7%.

Despite the increased turnover, operating profits fell to £7m, compare to £8.7m the previous year.

Within the report, filed with Companies House, Amber Taverns said wet-led pubs remained competitive despite seeing price increases from suppliers and the introduction of the sugar tax.

Amber Taverns had 137 trading sites with one further site undergoing refurbishment as of 4 February.

Amber Taverns in £80m management buyout backed by MxP Partners>>

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