SPIRIT Pub Company, the firm behind brands such as Chef & Brewer, Flaming Grill and Fayre & Square, has enjoyed a sales boost from the warm summer weather, it said yesterday.
The company’s managed pubs have experienced a growth in like-for-like food and like-for-like drink sales of 4.7 per cent and 2.8 per cent respectively in the quarter to 17 August. Leased pubs showed a growth in net turnover for the quarter of 2.2 per cent.
“We have delivered a strong finish to the financial year in both estates with our performance reflecting a combination of improved weather over the summer and further execution of our strategy,” said Spirit’s chief executive Mike Tye.
Shares in the firm fell 1.32 per cent to close at 74.5p.