Greene King has announced record sales and profits for the past six months, aided by a rise in volumes for its brewing business.
The maker of Abbot Ale and Old Speckled Hen said profits at its brewing arm were up 4% in the 24 weeks to 16 October, as volumes grew by 2% over the period.
Pre-tax profits across the business were up almost 6% to £77.2m, with sales up 9% to £527.5m as 35 pubs were added to its retail estate.
“This is another record set of results for Greene King, delivering strong sales, profit and earnings growth in a difficult consumer environment,” said chief executive Rooney Anand.
He warned: “Falling consumer confidence and the weakening of the UK economic recovery suggest that we will face another tough trading environment in 2012. Despite this, there are still significant opportunities for growth.”