Archives for April 28, 2009

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Punch: we need to evolve our model

By The PMA Team

Punch Taverns leased pub business model needs to evolve, new head of the division Roger Whiteside has told City analysts. It is estimated that 20% of beer volumes have been lost in the sector in the past 18 months.

Punch's profits plummet

By Hamish Champ

Punch Taverns has announced its pre-tax profits for the 28 weeks to March 7, 2009 slumped by more than a third.Earnings before interest, tax,...

Spirit to sell 100 pubs

By The PMA Team

Spirit, the managed division of Punch Taverns, is looking to sell up to 100 pubs as it sets forth on a three-year programme to reach its potential.

Punch Taverns: trading has stabilised

By The PMA Team

Punch Taverns has reported that trading has stabilised in its leased and managed divisions. The company has also repaid, in the first 35 weeks of its...