FDBusiness.com

Strong Trading By Shepherd Neame

 Breaking News
  • 2 Sisters and Standards in Poultry Processing Report Published The Environment, Foods and Rural Affairs Committee in the UK has published its report into 2 Sisters Food Group and Standards in Poultry Processing. The Committee launched an inquiry into 2 Sisters and poultry standards following the undercover footage released by The Guardian and ITN. The evidence sessions looked at the issues raised at the 2 [...]...
  • ADM Wins ‘Most Innovative Food Ingredient’ at Gulfood Excellence Awards Archer Daniels Midland Company has been awarded ‘most innovative food ingredient’ for its natural sweetening solution, Fruit Up® Fiber, at this year’s Gulfood Manufacturing Industry Excellence Awards. The awards recognize best practices and innovation within the food manufacturing industry value chain. Entries were judged on the additional value the innovations brought to developers, as well as [...]...
  • Bayn Europe Enters China Sugar Reduction Market Bayn Europe has signed a strategic framework agreement with Kong Wua Group in China, outlining the establishment of a R&D center for sugar reduction and production of sugar replacer solutions. Through the agreement, Bayn and Kong Wua will bring sugar replacer solution to the market to help tackle the sugar over-consumption social problems. “It is important [...]...
  • It’s Time to End Food Waste – White Paper Among the most interesting topics in the publication ‘It’s time to end food waste’ is a closer look at the psychology of food waste by Nina Waldhauer at the University of Wageningen. Waldhauer explains how “(…) the food sector business can create opportunities for reducing consumer-related food waste. It can be done in ways that acknowledge consumer´s goal [...]...
  • Orkla Sells K-Salat to Stryhns Orkla Foods Danmark has agreed to sell its K-Salat business to Stryhns, which is part of the Norwegian Agra group. The purpose of the sale is to concentrate Orkla’s activities on fewer categories. K-Salat has a product portfolio of salad spreads, mayonnaise, remoulade, dressings and potato salads in Denmark. Under the agreement, Stryhns will take over [...]...

Strong Trading By Shepherd Neame

Strong Trading By Shepherd Neame
September 26
10:35 2014

Shepherd Neame, the Kent-based brewer and pub operator, has increased operating profit before exceptionals by 5.5% to £13.4 million and EBITDA by 4.3% to a record level of £20.5 million for the 52 weeks ended 28 June 2014. Turnover rose by 2.8% to £138.7 million as the company benefited from a very strong performance across its pub estate with like-for-like managed pub and hotel sales up 8.9%.

Shepherd Neame’s core own and licensed beer brand volumes (excluding contract brewing) increased by 6.1%, with strong growth from Bishops Finger, Whitstable Bay and Samuel Adams Boston Lager. The brewer’s aim is to continues to focus on its own and licensed brands and during the year it started the phased exit from contract brewing, ceasing bottled production of Kingfisher lager in October 2013

“I am pleased to report strong trading across all parts of the business, which has resulted in record EBITDA for the year,” says Jonathan Neame, chief executive of Shepherd Neame. “We have the right strategic framework and skills within the business, as well as a good pipeline of product innovation and pub developments, to continue this year’s progress and exploit the opportunities of this ever changing market.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • November 28, 2017Fi Europe
  • December 4, 2017Plastics and Paper in Contact with Foodstuffs 2017
  • January 8, 2018RAI Exhibition
  • January 16, 2018Sival Plant Production Trade Show
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements