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High spirits as pub company’s sales rise again

By Burton Mail  |  Posted: June 10, 2014

Spirit chief executive Mike Tye

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BOSSES at Burton pub giant Spirit are once again raising a glass after the company posted another encouraging set of sales figures.

Like-for-like sales at its pubs across the country shot up by 5.2 per cent over the last 10 months, with income from food and drink increasing.

There are already encouraging signs for the year ahead, with sales between March and June up by six per cent as performance remained strong following the bumper Christmas period.

The firm said its pubs had continued to trade ahead of the market in recent months and that food sales had been boosted by the roll-out of its Flaming Grill menu, which has gone down well with customers.

During the last quarter food sales at the company’s pubs increased by 4.8 per cent, with drink sales up by 7.1 per cent.

The company’s leased pubs also posted impressive sales figures, experiencing growth for the third consecutive quarter.

It is yet more positive news for the company, based in the Centrum 100 business park, which announced ambitious plans to expand its pub empire last year.

Spirit has said its expects to begin acquiring new pubs within months, which will bring with it scores of new job opportunities.

Chief executive Mike Tye said: “We remain pleased with the strong performance over the quarter, with both divisions continuing to demonstrate the benefits of investment in our estate, infrastructure and people.

“In our managed division, we have now commenced our planned expansion of the estate and we continue to see the benefits of the turnaround in the leased division.”

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