Brakspear posts slim profit for 2010

11 August 2011 by
Brakspear posts slim profit for 2010

Family-run pub company Brakspear has reported "solid results" for 2010, despite difficult trading conditions.

The group reported £3.2m operating profit before tax for the year ending 31 December 2010. Director David Nathan said: "This was a solid performance in light of the continuing decline in beer sales and pub visits."

Profit was down marginally on the previous year (£3.4m) but like-for-like sales were in line with "the previous year and in line with our expectations," added Nathan.

Brakspear has a 144-strong tenanted estate and the company invested more than £1m on upgrading and developing four sites over the past year. During the year, it also increased its product range "to enable operators to offer a wider selection to appeal to their specific customer base", according to Nathan.

Brakspear makes two new appointments to operations team >>

Brakspear tests ‘bedroom blueprint' in £250k pub refurb >>

Brakspear's reopened sites help lift Q4 sales 12% >>

By Emily Manson

E-mail your comments to Caterer News here.

Tabletalk
Tabletalk
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs

Looking for a new job? Find your next job here with Caterersearch.com jobs

Blogs on Caterersearch.com ](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-newsletters](http://www.caterersearch.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
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