Turnover and profit up at Robinsons Brewery
Robinsons Brewery has achieved a record turnover in its latest financial year.
Northern pub operator and brewer Robinsons Brewery has achieved a record turnover in its latest financial year.
Revenue at the family brewer for 2023 was £92.3m (£83.1m in 2022), which delivered an increased operating profit of £6.1m (£5.9m in 2022).
Robinsons has also reported the highest level of annual investment to date on both its brewing and pub estate, with a combined year’s investment of £20.7m.
"It was a momentous year at Robinsons, as we completed our biggest year of investment to date, while also achieving strong profits for the business," say joint managing directors William and Oliver Robinson. "We saw increased sales in our Managed House estate. We attribute these achievements to the outstanding individuals who work for and with Robinsons, ensuring excellent beer and experiences for our customers.
"In 2023 and in the current year we have seen the business experience increased costs in energy, food and brewing raw materials. A group purchasing agreement has mitigated some of those energy costs, but volatility remains a threat. Assisting our Pub Partners with the update of our ‘Greener Retailing Guide’ has allowed businesses to assess cost and energy savings they can make."
Still growing, but help is needed
Robinsons has continued to grow its Managed Houses, reaching 30 pubs and achieving record sales. The managed estate investments included the purchase of Hartford Hall near Northwich and the Craven Heifer in Kelbrook.
"While we can encourage our Pub Partners and managers to be looking to make energy savings and take appropriate cost saving decisions, the tax burden our industry faces is concerning," add the Robinsons. "We hope the new government carefully considers the cumulative tax and cost burden pubs are facing.
"The government must give an extension to the current business rate support and give a reduction in beer duty in the forthcoming budget. Pubs and breweries are at the heart of many communities, government recognition of the cumulative impact these taxes have on our sector is key to the survival and success of many of our pub businesses."
Robinsons says it is continuing to look for individual freehold pubs and/or small companies which match the Robinsons portfolio to add to its estate.
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