OUR BUSINESS MODEL

  • Greene King is the leading UK pub company and brewer in a growing market
  • We have a portfolio of large, category-leading brands, including our five focus brands, Greene King Locals, Hungry Horse, Flaming Grill, Farmhouse Inns and Chef & Brewer
  • Our estate is the best invested in the industry and we proactively manage our pub portfolio to continue to drive our estate quality upwards
  • Our strong management team offers deep experience across the retail sector 
  • We have a successful acquisition track record and have completed the integration of our largest ever acquisition a year ahead of schedule

OUR PERFORMANCE

  • We have a long-term track record of earnings growth and reached over £500m EBITDA in the 2016/17 financial year
  • Our disciplined capital management ensures that our return on capital employed is well above our weighted average cost of capital
  • We are a highly cash generative business, giving us both flexibility in capital investment and resilience during tougher market conditions
EBITDA represents earnings before interest, tax, depreciation, amortisation and exceptional items and is calculated as operating profit before exceptional and non-underlying items adjusted for the depreciation and amortisation charge for the period.

SHAREHOLDER BENEFITS

  • The strong business model at the core of our business and the results we achieve make us the leading player in a growing market
  • We have a strong balance sheet and continue to cover our debt service obligation, our core capital expenditure and our dividend through internally generated cash flow
  • We have a progressive dividend policy, with a long-term track record of returns to shareholders