Member Article

Greene King show resilience while market is tough

Pub and restaurant company Greene King have reported a 3.7% rise in like-for-like sales across the 36 weeks to the beginning of January.

Like-for-like food sales were up 4.1% as the firm said it did not expect trading conditions to improve in 2013.

Greene King’s two leading brands, Greene King IPA and Old Speckled Hen, both performed ahead of last year.

Rooney Anand, chief executive, said: “Our strong momentum has been maintained over the last six weeks. We achieved record sales through Christmas and the New Year as our teams once again delivered excellent value, service and quality to our customers.

“Pubs continue to play a vital role for customers, families and communities across the UK during the festive period, especially in this difficult financial environment. We once again achieved record Christmas bookings and strong like-for-like sales growth across Christmas and the New Year.

“We achieved record Christmas Day sales of £2.7m, up 6.8%, and during the whole of December, we sold 448,000 Christmas meals, another record for Greene King.”

This was posted in Bdaily's Members' News section by Tom Keighley .