Saturday, July 4, 2009

Greene King positive despite 15% profit fall

Greene King, the acquisitive brewer and pubs company, today posted a 15 per cent fall in annual pre-tax profits to £118.5 million but said that sales in recent weeks were encouraging.
Rooney Anand, the chief executive, told reporters on a conference call that the recent warm weather and a renewed confidence among drinkers and diners had boosted sales.

Read more:
http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article6624201.ece

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