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Heavitree Brewery - NO RECOMMENDATION

Companies: HVT   
04/09/2002

Devon-based pub operator Heavitree has had a few troubles, but remains profitable. It made £533,000 in the 6 months to April, against £621,000 in the first half of last year. Turnover was up from £4.7m to £5.2m. The company's estate continues to be churned, with loss-making operations sold or refurbished and other pubs bought in. The firm's prospects are said to be looking up - particularly at its loss-making managed house division. But, with EPS of 23.7p last year, the shares do not look cheap.

Market cap: £6.4m
PE Forecast: n/a
Share price: 295p

AIM£7.08m 355.00p -5.00p
Other company articles:
01/07/2005
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