Greene King profits boosted by food sales
Brewer and pub owner Greene King has reported a rise in half-year profits thanks to "record" revenues.
The Suffolk-based firm reported profits of £60m for the 24 weeks to 17 October, up 17% on the £51.2m it made a year earlier. Revenue rose by 4% to £484.1m.
It said its focus on food had paid off, with like-for-like food sales rising by 8.5%.
Current trading remains strong, with Christmas bookings "comfortably ahead of last year", it added.
"This has been a successful first half for Greene King," said the firm's chief executive Rooney Anand.
"We have achieved record interim revenues while growing both profits and margins. We have performed well throughout the downturn and our strategy for growth is making good progress."