Punch Taverns News
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12-04-2012
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12-04-2012
Pubs group Punch Taverns said its interim results were in line with expectations, leaving it on course to meet full year targets.
12-04-2012
The pub-filling summer sport bonanza can't come soon enough for pubs operator Punch Taverns, which saw half-year profits dragged down by poorly performing pubs it is keen to get shot of.
12-04-2012
City sources predict the FTSE 100 will open up 4 points from yesterday's close of 5,635, with investor sentiment somewhat buoyed by gains in the US, but nonetheless dampened by ongoing concerns over the Eurozone.
11-04-2012
The recovery of Punch Taverns, the pubs group that was almost brought down by its huge debt mountain during the credit crunch, is a long drawn-out process and Thursday's interim results are likely to focus on the familiar twin themes of declining like-for-like (LFL) sales and the pubs disposal programme.
10-04-2012
Domino Printing, Hargreaves Services, M&S, Michael Page, Petropavlovsk, Punch, Thomas Cook, WS Atkins
16-03-2012
Alstom, Havas, Iberdrola, Inditex, Publicis, Repsol, Veolia
09-03-2012
Punch Taverns' income is being dragged down by failing pubs but the group has high hopes for the Olympics and Euro 2012 football championships.
14-02-2012
Santander: Societe Generale upgrades to HOLD from sell and raises its price target to €6.20 from €5.30.
16-12-2011
Shanks Group: Goldman Sachs downgrades to neutral from buy.
16-12-2011
The difference in trading performance between pubs in Punch Taverns' core estate and those in its non-core estate clearly demonstrates why the pubs group is so keen to get shot of the latter.
06-09-2011
Long before the pub group's demerger at the start of August, the City had largely labelled the managed operation Spirit Pub Company as a far more attractive proposition than the leased pub group Punch Taverns, says the Investment Column in the Independent. The maiden results from the two de-merged companies last week did little to dispel this view, with Spirit continuing to buck the economic downturn and Punch posting a 5 per cent fall in gross profits.
01-09-2011
Punch Taverns, Britain's biggest pub company, has seen income down 5.2% in the past 12 months according to its full year trading statement.
01-09-2011
The top-share index is expected to start virtually unchanged, despite another good day for the Dow Jones yesterday in the US.
31-08-2011
Thursday will see Punch Taverns and Spirit Group issue their first trading update as separate entities since the two entities split up.
26-08-2011
In a week shortened by the Bank Holiday on Monday, there are few blockbuster company results expected. Thursday will see Punch Taverns and Spirit Pub Group issue their first trading updates as separate entities since the two split up.
24-08-2011
Despite the tumble in Admiral's share price on Wednesday, Nomura has reiterated its positive stance on the stock, saying that headline results from the car insurer came in more or less in line.
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