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Midlands expansion on the cards for Amber Taverns

20th June 2013

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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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