Tuesday, August 17, 2010

Foundation Inns sees pub profits soar

Outlet ebitda increased 56.1 per cent with sales up 22 per cent to £2.6m at the six-strong pub group. Like-for-like sales increased 12.9 per cent.

Despite this, the company still made a pre-tax loss of £540k, although this was an improvement on last year’s £1.75m loss.

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