Award-winning brewer, hotelier and wine merchant, Adnams has announced a 12% increase to £962k in operating profits for the six months to 30 June 2015, a strong result after a long cold spring.
The underlying trends within the business have mainly been positive. The newer beers have grown well in a fickle market and the spirits have continued their strong growth.
Adnams is making substantial investments in both its brewery and distillery to secure capacity and flexibility for the future.
The group's continuing pub estate has traded well and has maintained profitability despite its smaller size, and its managed properties have received investment to secure their trading.
The retail business has had a strong six months and is looking at further expansion and at continuing investment in its online presence.