There was a strong recovery in trading at brewer and pubs operator Shepherd Neame (LON: SHEP) when it was able to reopen its pubs earlier this year.
The Aquis Stock Exchange-quoted company won new brewing clients during the pandemic and beer volumes have held up. In fact, volumes in May and June were 8% higher than in the same period in 2019.
Pubs started to reopen outdoors on 12 April, while indoor trading recommenced on 17 May. From that point pubs achieved 97% of 2019 trading levels. Since June, drinks sales have been down on the 2019 level, but food and room revenues were higher.
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