Hardys & Hansons has warned that it is anticipating full year earnings to be below market expectations after subdued trading in the second half of the year.

The UK regional brewer said today that a tough second six months for sales also coincided with a rise in costs at its pubs and non-recurring costs. Trading in the second six months fell 1.6% at the group's uninvested pubs estate. The business saw a 3.6% rise in the first half.

As a result, Hardys & Hanson said, like-for-like turnover for the full year, ended Sept 30, will grow by 0.8%.