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Midlands expansion on the cards for Amber Taverns

20th June 2013

AMBER Taverns has identified the Midlands as fertile ground for its expansion plans.

The Lancashire business is seeking to revive unloved and under-invested urban pubs and enjoyed record returns last year.

Figures released by the firm for the year to February show pre-tax profits were up 22% to £3.9m on sales of £33.2m, up 30%. Earnings before, interest, tax, depreciation and amortisation (EBITDA) were up 33.3% to £6.8m.

Like-for-like sales grew 2% and it opened 11 new pubs during the period.......for the full story register now for free or login below...

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