Shepherd Neame on course for recovery

Shepherd Neame (LON: SHEP) in common with other brewers and pub companies has been hard hit by the lockdown and related closure of pubs. The share price has recovered significantly over the past six months, but it remains below the level it has been in the four years prior to the Covid-19 pandemic and its asset value.

The Kent-based brewer is quoted on the Apex segment of the Aquis Stock Exchange. It has an asset backed balance sheet so, although borrowings are increasing there are property assets to back this debt. The recovery should be starting.

Interims

Unsurprisingly, interim r...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.