Greene King sets Christmas Day record

15th January, 2013 by Andy Young

Greene King is celebrating record Christmas Day takings after an increase in the number of families deciding to eat out on 25 December.

Greene KingHungry Horse, Old English and Belhaven Pubs plus Loch Fyne restaurants are all part of the Green King group, which sold 448,000 Christmas meals in December. Takings were also up 6.8% to £2.7 million on December 25, after setting a record last year. Greene King opened 85% of its managed pubs, restaurants and hotels on Christmas Day.

Chief executive Rooney Anand said: “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.”

But he warned that the company, and the UK pub industry, could be facing a difficult 2013.

Anand added: “We do not expect conditions for the UK consumer to improve in 2013. While this presents ongoing challenges for all consumer-facing businesses, we are confident that our strategy, tailored to the prevailing conditions, and our consistent focus on providing excellent value, service and quality to our customers, will continue to deliver sustainable earnings and dividend growth to our shareholders. ”

Greene King also said that its core own-brewed volume in its brewing and brands division fell by 2%, but this was better than the UK ale market as a whole, which fell by 4.2%. The group added that its two lead brands, Greene King IPA and Old Speckled Hen, were both ahead of last year thanks largely to marketing campaigns.

Simon French, an analyst at Panmure Gordon stockbrokers, told the Press Association: “The group does not expect conditions for the UK consumer to improve in 2013 and we share this caution.

“However the group’s well positioned managed pub estate and resilient tenanted and brewing operations means it is well positioned to maintain its current growth rates.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Job vacancies

Sales Account Manager

Jascots Wine Merchants
London, UK

Marylebone Sales Manager

Philglas & Swiggot
Marylebone, London, UK

Area Sales Manager

Bon Coeur Fine Wines
North England, UK

Procurement Assistant – Wine

Adnams PLC
Southwold, UK

Account Manager Central London

Speciality Drinks Ltd
London, UK

Brand Ambassador

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Ltd
London, UK

Marketing Assistant

Hatch Mansfield
Ascot, Berkshire, UK

Marketing Manager

Bancroft Wines
London, UK

Regional Sales Manager – Scotland

Bancroft Wines
London, UK

Sales Manager – London On-Trade

Bancroft Wines
London, UK

Customer Service & Sales Support Executive

Jascots Wine Merchants
London, UK

Market Insight Analyst

Conviviality PLC
London, UK

Technical Manager

Enotria&Coe
Park Royal, London, GB

The Global Sparkling Masters 2017

Deadline : 25th August 2017

The Global Malbec Masters 2017

Deadline : 25th August 2017

Global Chardonnay Masters 2017

Deadline : 1st September 2017

The Global Sauvignon Blanc Masters 2017

Deadline : 1st September 2017

Click to view more

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

The Global Organic Masters 2017

The drinks business is thrilled to announce the launch of The Global Organic Masters

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Click to view more