Champion brews plc news update

Champion Brews PLC is a UK-based brewery and pub company that operates a chain of pubs and brews a range of beers. Here are some recent news updates about Champion Brews PLC:

Recent News

  1. New Pub Opening: Champion Brews PLC has announced the opening of a new pub in the heart of Manchester. The pub, called "The Champion", will feature a range of Champion Brews beers and a menu of traditional pub food.
  2. Beer Launch: The company has launched a new beer, called "Champion's Choice", which is a hoppy pale ale brewed with a blend of American and British hops.
  3. Awards: Champion Brews PLC has won several awards for its beers, including a gold medal at the Society of Independent Brewers (SIBA) awards for its "Champion's Ale" beer.
  4. Expansion Plans: The company has announced plans to expand its pub estate, with several new locations planned for the next year.
  5. Partnership: Champion Brews PLC has partnered with a local brewery to create a new beer, called "Champion's Collaboration", which will be available in pubs and online.

Recent Financials

  1. Revenue Growth: Champion Brews PLC has reported a 10% increase in revenue for the first half of the year, driven by the growth of its pub estate and increased sales of its beers.
  2. Profitability: The company has reported a pre-tax profit of £1.2 million for the first half of the year, up from £900,000 in the same period last year.
  3. Cash Flow: Champion Brews PLC has reported a strong cash flow, with net cash of £2.5 million at the end of the first half of the year.

Recent Share Price Performance

  1. Share Price: The share price of Champion Brews PLC has been relatively stable over the past year, with a slight increase of 5% over the past 12 months.
  2. Market Capitalization: The company's market capitalization is currently around £20 million.

Please note that the information provided is subject to change and may not be up to date. It is always recommended to check the company's official website or financial reports for the most recent and accurate information.