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Heavitree Brewery Sees Material Trading Deterioration Due To Virus

18th Mar 2020 17:01

(Alliance News) - Heavitree Brewery PLC on Wednesday warned of a material deterioration in the performance of its tenanted pub estate over the coming months due to Covid-19.

The pub company also said that it is unable to quantify the virus impact on trading due to "the high level of current uncertainty".

Heavitree is taking action remove non-critical costs to preserve cash and minimise the virus impact.

Shares in the company closed at 370.00 pence each in London on Wednesday, down 6.1%.

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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