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Greene King PLC (GNK)

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maximan
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Greene King PLC (GNK)

#207212

Postby maximan » March 12th, 2019, 2:49 pm

Greene King will be announcing a pre-close trading statement for the 52 weeks to 28 April 2019 on 30 April 2019

https://www.investegate.co.uk/greene-ki ... 41576345S/

idpickering
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Re: Greene King PLC (GNK)

#218319

Postby idpickering » April 30th, 2019, 7:07 am

Trading statement for the 52 weeks to 28th April 2019

Pub Company LFL sales for the 52 weeks to 28th April were up 2.9%, ahead of the market1 and reflecting the successful programmes in place to drive industry-leading value, service and quality for our customers. We saw good drink volume growth across Pub Company and, in particular, in our 1,000 drink-led Greene King local pubs, which recorded LFL sales of 4.6%. LFL sales for the last 16 weeks were up 2.4%.

Easter LFL sales were up 4.6% against last year's Easter weekend, helped by the good weather and particularly strong trading from Chef & Brewer, which recorded LFL sales of 15.3%.

Pub Partners LFL net income for the 52 weeks was up 1.6% while LFL profit was down 1.4%. In Brewing & Brands, total beer volumes were up 0.9% and own-brewed volumes were down 3.4% against a UK ale market2 down 4.2%.


Full item here; https://www.investegate.co.uk/greene-ki ... 00094711X/

spiderbill
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Re: Greene King PLC (GNK)

#218366

Postby spiderbill » April 30th, 2019, 9:43 am

So the reports on the various financial websites say that they beat market expectations; yet the shares are down 6.4% - bizarre.

idpickering
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Re: Greene King PLC (GNK)

#232264

Postby idpickering » June 27th, 2019, 7:25 am



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