Brewer sales up on good weather
BREWER Shepherd Neame said yesterday that its sales have been boosted by the recent good weather, as it issued an upbeat trading statement and said its pub estate had risen in value.
For the 48 weeks to 28 May, Shepherd Neame’s own beer volume grew by 3.6 per cent, while like-for-like sales in managed houses grew by 7.7 per cent. Average income per tenanted pub grew by 0.6 per cent.
The group, which sells Spitfire ales, said its pubs are worth £68m more than when they were last valued.
Sales of Spitfire were up 4.5 per cent.