Oakman Inns & Restaurants reports positive yearly results


Home counties pub group, Oakman Inns & Restaurants has posted solid annual financial results to end of April 2015.

The company, which is run by Peter Borg-Neal (pictured), reported profits of £350k and EBITDA of £2.1m. Turnover grew by 20% to just over £12m, with like-for-likes rising by 9%.

Over the period, Oakman opened six new restaurants, so the firm currently operates 14 outlets.