Shepherd Neame, the Kent-based brewer and pub operator has reported strong results for 52 weeks ended 29 June 2002. This is its 27th consecutive year of profit growth. Turnover is up 10.5% to £78.8m. Trading profit (excluding property profits) is up 12.6% to £7.7m. Total brewing volume is up 6.1% with strong Spitfire sales – up 29.2%. So, Spitfire ale is again the star performer. “To develop the brand further we have committed to a TV campaign to run in November and December,” the company reported.

Jonathan Neame, Managing Director, said: “Although the UK economic outlook is uncertain, we believe that we are in an excellent position to grow our brands and become the leading specialist brewer in the UK.”

07 October, 2002