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More record profits from Greene King

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Bury St. Edmunds -based brewer, Greene King, has announced its results for the year to 2 May.

Chair, David McCall, said: "I am very pleased to be able to report on another year of record results, with increases in both turnover and pretax profit."

Turnover rose 3 per cent to £552.7m, EBITDA was up 7 per cent to £136.9m, trading profit gained 8 per cent to £111.8m and profit before tax was £82.6m, a rise of 10 per cent.

All three of the company's divisions traded strongly, with Brewing Company seeing its trading profit rise 21 per cent on increased sales volumes of its three principal beers – IPA, Abbot Ale and Old Speckled Hen.

Pub Company trading profit was up 4 per cent and Pub Partners up 9 per cent.

The first two months of the new financial year are reported to have started well.

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Company Details
Greene King Brewing and Retailing Limited
Greene King has operated pubs and brewing for over 200 years. Combining successful traditional ale brands with modern forward thinking, Greene King has grown steadily from its base in Bury St Edmunds, Suffolk to become a leading pub retailer and brewer.
Address
Westgate Brewery, Bury St Edmunds, Suffolk IP33 1QT
Telephone
+44 (0)1284 763222
Suffolk-based brewer, Greene King, has announced its results for the year to 2 May.
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