Joseph Holt raises glass to increased revenue and profits
Manchester brewery Joseph Holt – the owner of 128 pubs across the UK – has seen revenue and profits increase by 9%.
The 160-year-old company has reported increased turnover to £59.2m in the year ended December 31, 2016, compared to £54.2m in the prior 12 months. Pre-tax profits grew from £3m to £3.5m, newly filed accounts show.
The company spent £5m on refurbishments across its portfolio in 2016.
Chief executive Richard Kershaw said investment in its pub restaurant division and “developing new concept performanceâ€... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
