London Town, which operates 176 of its own pubs and manages 124 pubs — including 61 for other pub operators — and has 14 for sale, said adjusted Earnings, Before Interest, Depreciation and Amoritisation was £1.5m for the year to 28 December 2008 compared to £3.1m in 2007 and the loss for the year expanded to £24.7m from a loss of £11.6m. Sales increased from £11.4m to £25.9m.
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