Adnams hails retail arm after posting sales growth

06 August, 2014

Adnams said its shops are enjoying a “positive trend” as it announced a 29% in operating profits for the first half of 2014.

Turnover rose 15% to £30million, while operating profits grew to £862,000, but its unaudited pre-tax profits were halved from £1.3 million to £0.67 million due to reduced property profits.

Its overall beer volume sales grew 18% despite it putting up its prices for the first time in five years, while spirits volumes rose 40% from a small base.

Chairman Jonathan Adnams said: “The long period of holding our prices has helped to make this a palatable matter for our customers at a time when prices have been under pressure from the fast-growing numbers of small brewers and the longer-term trend towards reduced consumption.

“Our sales to supermarkets and other take home outlets have recently been in strong growth, though this slowed a little in the first half of 2014 to about 5%.”

Adnams said its retail business is in growth. It has opened a new shop in Aldeburgh, but closed another in Bloomsbury and also plans to close a concessionary store at a garden centre in Peterborough later this year. But it added that online shopping has “grown quickly”, with online ordering starting to overtake mail order.




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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
total a

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