Adnams

Today’s news in brief – 12/09/24

Adnams chairman Jonathan Adnams has stepped down due to health reasons. The news comes after he initially informed members of his possible retirement at the company’s last Annual General Meeting. As a result, the board “unanimously” agreed that Simon Townsend will step in on an interim basis as non-executive chairman. …

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Adnams chairman steps down amid health concerns

Suffolk-based hospitality group Adnams has announced that chairman Jonathan Adnams has stepped down from his role with immediate effect due to health reasons.  The news comes after he initially informed members of his possible retirement at the company’s last Annual General Meeting.  As a result, the board “unanimously” agreed that…

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Adnams appoints new CEO

Southwold brewery Adnams has announced the appointment of Jenny Hanlon as its new chief executive officer. Hanlon, 48, will become the first female CEO of the brewing business in its 150 year history. Hanlon, who has been serving as the company’s chief financial officer, will succeed Dr Andy Wood OBE…

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Today’s news in brief – 21/09/23

SSP revenues are anticipated to reach £3bn for the year, spelling a 37% year-on-year increase and an EBITDA of £280m. This was due to recovery in passenger numbers, along with a stronger customer offer and digital presence. North America remains a key driver, while the UK and Ireland are expected…

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Adnams operating losses widen to £2.4m in H1

Adnams has revealed that sales in the first half of 2023 were level with last year’s total of £30m, as input costs continued to climb and contributed to operating losses widening to £2.4m.   The pub operator attributed its performance to Q1’s subdued sales, as inflation peaked. However, lighter evenings and…

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The Steel Keg Association launches new keg champion awards

The Steel Keg Association (SKA) is honouring the inaugural 2023 Keg Champions for UK today, World Refill Day, in celebration of pubs, bars, breweries and restaurants embracing the remarkable benefits REUSABLE steel kegs and casks deliver; sustainability, efficiency and a fresh experience most consumers can’t get at home. The 2023…

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Adnams FY losses widen to £1.2m despite rise in revenues

UK brewer, hotelier and wine merchant Adnams has reported its operating losses widened to £1.2m in FY22, against a loss of £800m the prior year, despite reporting that revenues rose by 11.9% to £64.2m. It comes as Adnams said that its production operations were “hard hit by rising prices and…

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Adnams sales hit £57.4m in FY21

Adnams, the brewer, distiller and retailer, has revealed that sales rose by £7m to £57.4m in the 12 months to 31 December 2021, despite an operating loss of £0.9m over the period.  Despite more “stringent” restrictions in the early months of the year, trading months operated ahead of expectations, with…

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BBPA launches cross-industry platform to destroy spoilt beer

The British Beer and Pub Association has launched a cross-industry platform to enable participating brewers to manage the safe destruction of their brands in pubs and for the millions of pounds in excise duty from unsalable beer to be reclaimed and the appropriate and agreed recompense passed back to licensees.…

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Adnams appoints Jenny Hanlon as chief financial officer

Pub group Adnams has appointed Jenny Hanlon as its new chief financial officer, effective 15 June 2020. She will succeed current CFO Stephen Pugh after he retires from this business. According to the group, Hanlon has “extensive experience” across multiple sectors, having spent time with Barclays, Greene King, Willis plc,…

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