COMMENT: S&N - optimistic over off-trade recovery

By Datamonitor | 29 June 2004

Having come through a crisis period for brewers as supermarkets squeezed prices, Scottish & Newcastle can look ahead with confidence if signs of a recovery in the off-trade prove well founded. If S&N can grow off-trade margins, it stands to benefit from a growing trend among consumers to drink at home.

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Having come through a crisis period for brewers as supermarkets squeezed prices, Scottish & Newcastle can look ahead with confidence if signs of a recovery in the off-trade prove well founded. If S&N can grow off-trade margins, it stands to benefit from a growing trend among consumers to drink at home.

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