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

Pub group Upham sees sales climb despite ‘challenging' conditions

29 May 2018 by
Pub group Upham sees sales climb despite ‘challenging' conditions

Pub group and brewery Upham has reported a 6.8% year-on-year increase in overall sales in the first quarter of the year despite "challenging" conditions.

Sales reached £3.3m, with EBITDA for the period reaching £36,000 compared to a loss of £16,000 for the same period in 2017.

However, year to date like-for-like sales across the whole estate are down 0.8% on the previous year due to adverse weather conditions in February and March, as well as development projects hitting trading at a number of sites.

Upham has said that the royal wedding did provide some much-needed relief across the 15-venue pub group, with special events seeing sales increases of up to 46.2%.

Chris Phillips, chief executive of Upham, said: "The sector as a whole has experienced a challenging start to the year, and I am delighted that, despite this, we are able to report that overall sales for the quarter were up from the same period last year.

"Our principal focus for 2018 is to ensure that we continue to maximise operational efficiencies and sustainable profits growth in both the pub estate and the brewery, while delivering the outstanding beer, food, accommodation and service that our customers have come to expect from us.

Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).

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