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

New acquisitions drive Brakspear turnover to £22m

02 September 2016 by
New acquisitions drive Brakspear turnover to £22m

Brakspear has reported a double-digit rise in turnover and operating profit after what the Henley-based operator described as a "fantastic year".

The pub operator and brewer saw turnover increase 13% to £22.4m for the year to 31 December, while operating profit increased by 19% to £6.9m, and profit before tax and exceptional items was up by 26% to £5.3m.

Growth was driven by its eight-strong managed house division, which contributed £5.7m of turnover (up from £2.1m in 2014) after two sites were acquired. In its tenanted and leased estate turnover was up 2%.

Chief executive Tom Davies said: "2015 really was a fantastic year for Brakspear. Investment in the managed division's people and infrastructure enabled us to make a big step forward with this side of our business, adding two sites, each with rooms, and transferring across a previously tenanted site.

"At the same time, we continued to see a step change in the quality of our tenanted and leased pubs and the operators who make them successful, as a result of our investment in design, marketing, training and tenant recruitment over recent years."

Brakspear hires Paul Gilchrist to run managed division >>

Brakspear takes managed estate to six with pub purchase >>

Ed Turner joins Brakspear's managed pub division >>

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs >>

Latest video from The Caterer

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 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.

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