JW Lees toasts record revenues

FAMILY-owned brewer and pub operator JW Lees said revenues hit a new record last year.

The Manchester group achieved sales of £62.9m in the year to March, up 6.2%.

But profits slipped 4% with earnings before interest, tax, depreciation and amortisation (EBITDA) down from £7.9m to £7.5m.

JW Lees manages 35 pubs and lets a further 115 to tenants. During the period it bought two new tenanted pubs, The Old Station in Llandudno and The Ship in Haskayne, and opened its second Duttons café bar in Albe... For the full story register now for free or login below...