12 Sep 2009

Record sales reported by UK pub chain

10:12 am on 12 September 2009

British pub operator JD Wetherspoon reports record sales levels, saying it has weathered the recession.

Takings grew 1.2% in the year to 26 July, as the company kept its pubs busy by offering breakfast and other meals, as well as coffee and drinks sales.

Wetherspoon has 731 pubs across Britain. It made a pre-tax profit of £66.2 million, up 13%, though profits fell 16.9% to £45 million after one-off costs. Real ale sales rose by 17%.

Chairman Tim Martin said sales since July have also been strong.

Wetherspoon says it's the only large firm which opens all its pubs early in the morning - selling more than 715,000 breakfasts and coffees each week - "more than most coffee shop chains".