Admiral Taverns reports increase in like-for-like sales

sales

Admiral Taverns has reported a 4.3% year-on-year increase in like-for-like sales across its 713-strong pub estate in the 52 weeks ended 1 June 2019.  The company invested £8.1m in its estate during the year. Its estate is now valued at £259.8m, despite the disposal of 46 pubs during the period.

Admiral Taverns chief executive, said, “We are pleased with this performance, achieved against a challenging trading backdrop for the wider industry. We are proud champions of authentic community pubs and, over the course of the year, have continued to invest significantly, not only in our estate but also in our own people and infrastructure, ensuring our pubs and the licensees who run them are best placed to meet the evolving needs of the customers they serve.”

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