Spitfire brewer sells more beer

15 June, 2011

Kent brewer Shepherd Neame has issued a moderately upbeat assessment of its current trading.

The Spitfire and Bishops Finger brewer says volumes of its own beers grew by 3.6% in the 48 weeks to May 28.

Full annual results will be announced in October. “Whilst we remain cautious about the general state of the economy, the company expects to announce performance in line with market expectations,” the trading update said.

Shepherd Neame took out a five-year loan of £15 million in May 2009, £5m of which has been repaid during the current financial year.

The company operates 360 pubs and said like-for-like sales in its managed houses is up by 7.7%.




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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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