JDW has ended the year on a strong note. This performance gains further significance considering the strong comparables and a weak show by overall UK-based managed pubs in May 2019 (according to Coffer Peach). We expect top-line momentum to moderate in the subsequent year. The margin pressure is likely to remain in our opinion. No change to stock recommendation.

10 Jul 2019
Decent closure to FY18/19

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Decent closure to FY18/19
J D Wetherspoon plc (JDW:LON) | 776 -15.5 (-0.3%) | Mkt Cap: 881.7m
- Published:
10 Jul 2019 -
Author:
Nishant Choudhary -
Pages:
2 -
JDW has ended the year on a strong note. This performance gains further significance considering the strong comparables and a weak show by overall UK-based managed pubs in May 2019 (according to Coffer Peach). We expect top-line momentum to moderate in the subsequent year. The margin pressure is likely to remain in our opinion. No change to stock recommendation.