25th Jun 2026 14:23
Heavitree Brewery PLC - Exeter, England-based pub company - Pretax loss falls to GBP479,000 in the six months to April 30, from GBP1.5 million a year prior. Operating profit declines by 4.0% to GBP503,000 from GBP524,000. Revenue is virtually flat at GBP3.5 million. Profit on sale of property, plant and equipment declines to GBP2,000 from GBP1.0 million. Heavitree recommends an unchanged interim dividend of 2.75 pence per share. Chair Nicholas Tucker says: "There was much media coverage following the named storm I referred to earlier that hit in January, and which was particularly violent around the South Hams area. Our Start Bay Inn at Torcross suffered damage to the thatch and the surfacing of the beer garden patio and car park. Many other properties on either side of our pub were damaged, and also the A379 road which broke apart between Torcross and Slapton. Unfortunately, this has resulted in a diversion for people travelling to and from Dartmouth to Torcross as well as to our other pubs in Stokenham and Beesands. Read More