Pubs and Bars

Hawthorn sales reach 98% of pre-pandemic levels

The company, which owns roughly 700 sites across England, Scotland, and Wales, invested £7m in over 200 CAPEX projects throughout FY21

Hawthorn, the community pub company, has revealed that like-for-like sales since 12 April at its leased and tenanted estate are at 98% compared to the same period in 2019.

As a part of its parent company, New River’s, full year results for the 12 months ended 31 March 2021, the pub group also announced that sales in its operator managed estate were at 83% when compared to pre-pandemic levels since the reopening of outdoor hospitality.

The company, which owns roughly 700 sites across England, Scotland, and Wales, invested £7m in over 200 CAPEX projects throughout FY21.

It also placed £8m of funds into supporting its partners and operators since March 2020, with a further £500,000 raised for 110 pub partner investment fund schemes.

The year also saw Hawthorn acquire 14 community pubs from Everards, with the appointment of Colin Rutherford as chairman occurring after the period end.

Mark Davies, CEO at Hawthorn, said: “This is a very exciting and important time for Hawthorn. We were delighted with the recent acquisition of fourteen community pubs from Everards and the appointment of Colin Rutherford as our new chairman last week. 

“We look forward to continuing to grow Hawthorn, and with our commitment to building the very best community pub company, with industry-leading support and a people-first approach, we are confident that there is a great future ahead for Hawthorn.”

The group had 96.7% occupancy as of May 2021, with 91% of its pubs reopening by 17 May 2021.

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