Our business

Experts in hospitality

Greene King has been providing its customers with authentic pub and beer experiences for over 200 years and central to its longevity is an ability to develop its business to reflect changing consumer preferences and economic conditions.

Greene King's main businesses are:

Comprises managed pubs, restaurants and hotels across the UK.

There are 915 sites in total, split equally between Destination Pubs and Local Pubs, putting us at the heart of local communities across the country.

Operational highlights

Another successful year for Greene King Retail with strong like-for-like (LFL) sales growth, including growth in all our key sales categories, and improved operating margins. Delivering excellent value, service and quality to our customers is key to our continued success.

  • Greene King Retail like-for-like (LFL) sales growth of 4.9%.
  • Our largest, and award-winning, retail brand, Hungry Horse, now has 155 outlets and is achieving LFL sales growth of 10.3%.
  • Food continues to grow in importance for Greene King Retail, with LFL food sales growth of 8.1% driving expected sales participation towards 40% for the year.
  • Expansion strategy boosted by acquisition of Cloverleaf Restaurants and Realpubs.

Revenue
£710.7m

Operates our tenanted and leased pubs across the UK.

There are currently 1,514 pubs in this estate split 80% tenancy and 20% leased. Pub Partners' success is based on its focus on getting the right licensee, on the right agreement, with the right offer, in the right pub.

Operational highlights

Pub Partners achieved an industry-leading improvement in EBITDA per pub growth in the year, up 1.9%, and made further progress in improving the quality of its licensees' offers. To drive further growth Pub Partners has introduced the innovative Blueprint franchise-style agreement into its estate.

  • LFL EBITDA is +0.1% and average EBITDA per pub is +1.9%.
  • Agreement innovation including Business Builder, Blueprint and Local Hero.
  • BII accreditation for our new and updated Code of Practice.
  • Industry-leading Business Development Manager training with Birmingham City University.

Revenue
£166.4m

 

Brews, markets, sells and distributes our wide range of award-winning craft ales.

As the UK's leading cask ale brewer, Brewing and Brands supplies pubs, clubs, supermarkets and retail outlets across the country and throughout the world. Our portfolio of well-known, much-loved ale brands from our breweries in Bury St Edmunds and Dunbar includes Greene King IPA, Old Speckled Hen, Belhaven Best and Abbot Ale.

Operational highlights

Brewing and Brands had a strong year with good revenue and profit growth, despite the UK ale market falling another 6.3% in the year. All core brands outperformed their competitor brands with total volume up 2.5% and own-brewed volume (OBV) at -2.0%.

  • Old Speckled Hen became our biggest brand with another year of strong volume growth.
  • Greene King IPA continued as the official beer of England Rugby.
  • Installations of the innovative Revolution font were up almost 70% to over 1,500.
  • We successfully completed the integration of Belhaven Brewing.

Revenue
£165.6m

 

 
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