Despite Brexit-led uncertainties, JDW (like other UK-based branded publicans) continues to clock healthy top-line growth. A strong start to the new financial year (+5.9% lfl growth during the six weeks ended 8 September 2019) has lifted investors’ spirits but the momentum is likely to moderate in the remainder of FY19/20. Margin pressure is also estimated to continue in the near term.
30 Sep 2019
Still going strong
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Still going strong
J D Wetherspoon plc (JDW:LON) | 734 40.4 0.8% | Mkt Cap: 907.4m
- Published:
30 Sep 2019 -
Author:
Nishant Choudhary -
Pages:
2
Despite Brexit-led uncertainties, JDW (like other UK-based branded publicans) continues to clock healthy top-line growth. A strong start to the new financial year (+5.9% lfl growth during the six weeks ended 8 September 2019) has lifted investors’ spirits but the momentum is likely to moderate in the remainder of FY19/20. Margin pressure is also estimated to continue in the near term.