Robinsons brewery – a 180-year-old family run business from Stockport – reports a rise in turnover of 6.1% to a record £75.5m for the year ending 31 December 2018, compared with £71.2m the previous year. Profit before tax increased to £7.1m, compared with £3.2m last year.
The Stockport-based independent brewer and pub operator, which operates 255 pubs, inns and hotels across the North West, say this success was driven by record investment levels in recent years paying off, solid tenanted pub performance, and the continued progression of their evolving and growing managed house business.
Results were boosted by a strong trading performance in all areas of the business and effective management of costs. Specifically, sales in its 11-strong managed estate were up by 24.7% due to strategic acquisitions and an increased focus on food.
Managing director Oliver Robinson, said: “2018 was both challenging and rewarding. We operate in uncertain political and economic times and face increasing costs: rates re-valuation, national living wage, food inflation, auto enrolment, beer duty inflation and the potential risks and opportunities that Brexit may bring. William Robinson, added: "While we continue to grow our managed estate, our tenanted pubs remain a key part of our business. Our long-term strategy remains unchanged as we focus on developing our people, growing the quality of our pub estate through selective acquisitions and investment schemes, and creating high-quality beers that our customers love to drink.We have made a steady start to 2019 and are optimistic about the long-term sustainable success of the business.”