Robinson bullish despite profits fall
8th October 2012
PROFITS at Frederic Robinson, the Stockport-based brewer and operator of 360 pubs, says it will continue to trim its estate amid a challenging trading environment and hostile tax regime. The company, now being run by joint managing directors Oliver and William Robinson, members of the sixth generation, said 2011 sales were flat at £54m.Operating profits before the disposal of six pubs in the year for £1.6m was £116,000 compared with £387,000 in 2010. Pre-tax profits came in at £1.8m, compar......for the full story register now for free or login below...
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