Record breaking festive season for Greene King

Belhaven owners, Greene King, revealed that it had a record breaking Christmas and New Year period in its Interim Management Statement. Rooney Anand, chief executive officer, said, “Trading over the important Christmas and New Year period has been very strong with all of our businesses performing well, driven by the strength of our seasonal offers and our continued focus on delivering industry-leading value, service and quality to our customers. Our teams have excelled this festive period, particularly in terms of delivering great customer experiences, and this has helped us deliver record-breaking achievements. Retail LFL sales over the two most important trading weeks of the year were up over 6% and we sold a record 62,000 meals on Christmas Day. This drove record retail sales on Christmas Day of £3.1m, up over 12% on the previous year. New Year’s Eve was also very strong with retail sales up 10% to £4.5m.”
The Interim Management Statement for the 36 weeks to 05 January 2014 revealed that retail like-for-like (LFL) sales up 5.0% in the last six weeks and 3.8% year-to-date. Average EBITDA per pub in Pub Partners up 5.6% while Brewing & Brands saw its core own-brewed volume up 5.8%