UK: Profits down 3% at W&D
The largest regional brewer in the UK, Wolverhampton & Dudley, reported profits before tax and exceptionals for the 52 weeks to September 28 of £74.0m, down 3% from £76.1m last year. Analysts' forecasts had ranged from £73m to £74.6m. The company, which produces the Banks's and Pedigree beer brands, also said that trading in its 1,630 pubs had deteriorated in October and November. It said like-for-like sales in its 488 Pathfinder pubs had fallen by 0.5% over the past two months.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- When BRIC markets go horribly wrong
- What's coming up in spirits in 2017? - Comment
- Remy Cointreau's YTD performance - Focus
- Remy Cointreau's bellwether Q3 - analysis
- What's coming up in beer in 2017? - Comment
- Diageo closes spirits e-commerce portal in UK
- A-B InBev acquires Spain's Cervezas La Virgen
- AB InBev targets South Africa with redundancy plan
- Home entertaining offers drinks opp's - Diageo
- Pernod Ricard gives Beefeater 24 packaging revamp
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global gin insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Opportunities in Craft Spirits
- Global Cognac insights - market forecasts, product innovation and consumer trends