Wednesday, April 28, 2010

Brain’s to raise a glass to £100m-plus turnover

FAMILY-OWNED brewing and hospitality company SA Brain & Co will reveal its latest end-of-year accounts in tomorrow’s Western Mail business supplement.
The figures will show that the business with headquarters in Cardiff delivered another £100m- plus turnover.
And despite continuing challenges from the downturn, it is also on course to increase profits in its current financial year to the end of September, 2010.
Chief executive of the company – which has 260 managed pubs – Scott Waddington will also outline that longer-term the company plans to make further acquisitions.
The publication will also feature an in-depth analysis of corporate deals in Wales over the last decade, complied by Cardiff-based corporate finance advisory firm Gambit.

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