Tag: Pubco

Monte Carlo – a proven winner

Monte Carlo, electrician, cat c, pubco
Electrocoin’s Monte Carlo has proved itself to be a major player in the Cat C market since making its debut two years ago with its strong title mix and casino-esque experience. If operators and Pubco’s alike are looking for a proven performer that offers reliability, longevity and affordability, then they should look no further than Monte Carlo,” said Electrocoin’s Kevin...

Martin rubbishes Brexit slump on strong ‘spoons performance

Coinslot Tim Martin Wetherspoons
With positive financial figures from his nation-spanning pubco at his back, Tim Martin has once again issued a salvo against Brexit critics. Off the back of strong interim results, Wetherspoons boss Tim Martin has reiterated his backing of the Brexit process and called for a most positive outlook on the process of the UK leaving the European Union. The pubco has...

Pub experts predict price hikes of 30p a pint

Coinslot Kate Nicholls Pub hikes
Brexit driven inflation and hike in business rates spell disaster for pub trade AWP operators and other sections of the UK amusements industry, could be hit by the escalating cost of drinking in UK pubs.  According to Kate Nicholls of the Association of Licensed Multiple Retailers, the perfect storm of inflation and rising business rates could add an extra 30p...

Pub sector gives Hammond a frosty reception

Coinslot Pub sector
Although it did receive a little attention in the Chancellor’s Autumn Statement, the pub industry appeared roundly unimpressed with the overall package. The pub industry has expressed its discontent with Chancellor Philip Hammond’s debut budget, despite the inclusion of a freeze on beer duty and 100 percent rates relief for rural pubs. In particular, pubs were concerned about an issue also...

Mitchells and Butlers weather tough year in 2016

Coinslot Mitchells Butler
Mitchells and Butlers (M&B) has released its full year results for the period ending 24 September, some revealing worrying declines for the pub giant. Full year like-for-like sales were down 0.8 percent, contributing to an operating profit of £318m - some £10m short of the previous year. Revenue and operating profit both saw small, but meaningful, declines, while profit before tax...

Marston’s celebrate eight percent profit increase per pub

Coinslot Marston's Pub Company
The Marston’s pub company has had a good year, with the creation of 22 new pubs and bars and a profit increase of eight percent per pub. Marston’s preliminary annual accounts have shown that their average profit per pub has increased by eight percent in the past year. The figures also revealed that underlying pre-tax profits have risen by 7.1...