Search
The Caterer

Greene King reports strong sales

02 September 2005
Greene King reports strong sales

Brewer and pub operator Greene King has reported strong sales and robust margins across its three trading divisions in the 12 weeks to 24 July.

Like-for-like sales have grown by 1.2% at its 820-strong managed pub division Pub Company. Excluding the impact of the football competition Euro 2004, sales were up by 2.6%.

Pub Partners, its portfolio of 1,244 leased and tenanted pubs, boosted like-for-like sales by 3.6% while turnover at the Brewing Company was 6% ahead.

The group said that the integration of the 73 Ridley's pubs it bought in July for £45.6m was "progressing well". Greene King has closed the Ridley's brewery near Chelmsford in Essex.

Greene King hopes to be able to seal its £187m offer for the Belhaven Group's estate of 270 managed and tenanted pubs in Scotland by mid-September.

Buy this week's Caterer magazine for more industry news and analysis

The Caterer Breakfast Briefing Email

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

Sign Up and manage your preferences below

Thank you

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

Jacobs Media Group 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.