Record profit growth for Greene King

13 July, 2007

Greene King's off-trade volume sales have grown 6.5 per cent since last year.

The Suffolk brewer made a pre-tax profit of £139.8 million in the year to April 29

- 17 per cent up on the year before.

Old Speckled Hen grew its market share by 0.3 per cent, and in the multiple retailers it increased its market share from 9.8 per cent to 10.3 per cent. Greene King said Nielsen data showed its value share of ale grew by 0.5 per cent to 8.8 per cent.

Chief executive Rooney Anand said he was pleased the company had seen strong performances across all divisions.

"These record results are another step

of uninterrupted profit growth in over four decades," he said.




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Richard Hemming MW: beware inverse snobbery

Few things can bring communal pleasure so intimately as wine. Apart from a hot tub, perhaps. Sport can trigger mass jubilation, film gives us shared empathy, but wine has a nigh-unique ability to bestow conviviality among us through a shared bottle – which makes it especially galling that we spend so much time divided over it.

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