21st Jan 2005 09:31
Wolverhampton& Dudley Breweries PLC21 January 2005 21 January 2005 THE WOLVERHAMPTON & DUDLEY BREWERIES , PLC AGM STATEMENT At the Annual General Meeting to be held at 12 noon today, Ralph Findlay, ChiefExecutive, will give the following up-date on the Company's progress since thestart of the current financial year on 3 October 2004: "Trading overall in the 15 weeks to 15 January 2005 has been in line withexpectations. Total like-for-like sales for the 15 weeks were 3.0% ahead of lastyear in Pathfinder Pubs, and 3.4% ahead in The Union Pub Company. The acquisition of Burtonwood PLC was completed on 6 January 2005. Theintegration of the 460 pub estate is now underway and will be completed by theend of April 2005. Trading in the acquired business over the festive period wasgood and in line with our expectations. The business continues to make good progress, and we remain prudently financed,providing us with considerable flexibility to take advantage of opportunities asthey arise." ENQUIRIES:The Wolverhampton & Dudley Breweries, PLC gcg hudson sandlerRalph Findlay, Chief Executive Andrew HayesPaul Inglett, Finance Director Nick LyonTel: 01902 329517 Tel: 020 7796 4133 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Marstons