Monday, 27 February 2012

Heavitree brewery VS FTSE 100


  

337.50 0.00 (0.00%) delayed: 6:34PM GMT
Bid price 300.00 Open price 337.50
Ask price 375.00 Prev close 337.50
High price 0.00 Spread 20.00%
Low price 0.00 Volume 0







Friday, 24 February 2012

NEWS !!! Sales Down at HEAVITREE BREWERY

Turnover and operating profit have dropped slightly at Exeter brewery Heavitree, but its management team have hailed the company's "solid" performance.

According to insidermedia (2012) turnover for the group decreased by £36,000 (0.49 per cent) to £7.3m in the year ending 31 December 2011.

The business, which manages more than 80 pubs across Devon and Exeter, generated an operating profit of £1.4m, a drop on the £1.42m secured in 2010 (insidermedia 2012)

Over the past year, Heavitree it made several key capital investments. Its Alphington site, The New Inn, was given a major refurbishment, while four other pubs were given minor facelifts.

The company renewed its banking facilities with Barclays just after the end of the year under review. Heavitree said the finance agreement left it "well positioned should there be a change in the economic climate".

According to a statement from  Nicholas Tucker (2010).  "The headline figures may appear to be somewhat flat against the previous year but, given the uncertainty of the European and National economic situations, I consider this to be a solid performance; and I am most grateful for the hard work of our head office team and the staff of the pubs themselves in achieving these results.".

Thursday, 16 February 2012

DOING WELL NOW... :-)....Interactive Chart 1 Yr





     Jan   2011      337.5      
     Feb  2011      325.0
     May 2011      325.0
     July  2011      322.5 
     Aug  2011      322.5
     Jan   2012      337.5
     Feb  2012      337.5

                    (London Stock Exchange 2012)




 According to the graphic above, is visible that the Heavitree brewery has grown in the last couple of months....Must be because of the cold winter ???

 On July 2011, revenue has recovered well after the adverse effects of the particularly harsh weather conditions which were felt during the Christmas and New Year trading period and the Company has enjoyed a steady performance for the first six months of the current trading year.

 


















































































































































































































































































































































According to LONDON Stock Exchange...

Income Statement  (£ m) 31-Oct-10 31-Oct-09 31-Oct-08 31-Oct-07 31-Oct-06
Continuing Operations
Revenue  7.39 7.06 6.28 13.30 n/a
Operating Profit/(Loss)  1.43 1.33 0.47 1.68 1.85
Net Interest  -0.23 -0.20 -0.46 -0.40 -0.42
Profit Before Tax  1.23 1.73 0.93 2.68 2.19
Profit After Tax  0.86 1.56 1.05 2.08 1.81
Discontinued Operations
Profit After Tax  n/a -0.44 0.08 n/a n/a
PROFIT FOR THE PERIOD  0.86 1.11 1.13 2.08 n/a
Attributable to:
Equity Holders of Parent Company  0.86 1.11 1.13 2.08 n/a
Minority Interests  n/a n/a n/a n/a n/a
Continuing EPS
Earnings per Share - Basic  16.70p 30.00p 20.40p 39.40p n/a
Earnings per Share - Diluted  16.70p 30.00p 20.40p 39.20p n/a
Earnings per Share - Adjusted  16.70p 30.00p 20.40p 39.40p n/a
Continuing and Discontinued EPS 
Earnings per Share - Basic  16.70p 21.70p 21.90p 39.40p 34.00p
Earnings per Share - Diluted  16.70p 21.70p 21.90p 39.20p 33.90p
Earnings per Share - Adjusted  16.70p 21.70p 21.90p 39.40p 34.00p

Dividend per Share  7.00p 7.00p 7.00p 11.50p 11.00p
Unanimis Advertising

Wednesday, 8 February 2012

How we doing today ???

Heavitree Brewery Share Price (HVT)


337.50 0.00 (0.00%) delayed: 5:39PM GMT

Bid price 300.00       Open price 337.50
Ask price 375.00      Prev close 337.50
High price 0.00 Spread 20.00%
Low price 0.00       Volume   0 

Moneyam (2012)

Tuesday, 7 February 2012

Company's operation...

 The Heavitree Brewery PLC is a United Kingdom-based company. The Company is engaged in the business of the lease and operation of public houses. Operating  in two segments: Leased estates, which were leased to tenants to operate independently from the Company and Managed estate, which were owned, operated and maintained by the Company and represents the discontinued operations. 
Its wholly owned subsidiary is Heavitree Inc. During the fiscal year ended October 31, 2009, the Company's wholly owned subsidiary Heavitree Inns Limited, which operated managed houses was no longer trading (No Author 2012)

THE HEAVITREE BREWERY PLC
Price        Change      Chg %        Mkt Cap
320.00      -17.50     -5.19%         1,69 B

Sunday, 5 February 2012

HEAVITREE BREWERY


 
Heavitree Brewery Devon is an independent, family owned business based in the South West of England. The estate has a large section of pubs from community locals to award winning, but all are warm, friendly and inviting, operating with fine ales and quality food (No Author 2012).

The brevery is situated in the heart of the village of Bishopsteignton, between the Seaside town of Teignmouth and the market town of Newton Abbot. Due to health reasons this lovely village community local with food has become a vacancy (No Author 2012).


 The story of The Heavitree Brewery PLC begins in 1790. The Company was known as the "Heavitree Family Brewery" as founded by John Wolland in Church Street and stopped its brewing operations completely in May 1970 (No Author 2012).


On 17th December 1981 after listed as a Public Company, is  became The Heavitree Brewery PLC and  proud to have remained a Family business.
The Company's principal activities comprise the lease and operation of public houses in the South West of England. Heavitree Inns Limited is a wholly-owned subsidiary company operating managed houses within the estate (No Author 2012).


The Company's issued share capital comprises 1,994,699 ordinary shares of 5p each which carry one vote for every £1 in nominal amount and 3,282,478 'A' limited voting ordinary shares of 5p each which carry one vote for every £10 in nominal amount. All of the shares are fully-paid. No shares are held as treasury shares. There are no restrictions on the transfer of the Company's shares (No Author 2012).


Consequently, the total number of voting rights in the Company is 116,146 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in  the Company (No Author 2012).


 On the most recent annual report (2010),  turnover has dropped considerably against the previous year but this is as a direct result of the cessation in turnover from retail sales in 2009.
Turnover for the Group decreased against last year by 19.78% to £7,388,000 (2009: £9,210,000) but generated an increased Group Operating Profit of £1,427,000 (2009: £1,046,000) after consolidation adjustments.
Heavitree Inc. generated an Operating Loss of £15,000 (2009: Loss of £13,000) (No Author 2012).


Group Profit before Taxation decreased by £28,000 (2.23%) to £1,225,000. However, it should be remembered that last year‘s figure included both a profit of £781,000 on the disposal of assets (2010: £32,000) as well as costs of £370,000 arising from the restructure and refinancing of the Group (No Author 2012).


 Adjusted Operating Profit before Taxation of £1,427,000 was £102,000 (7.7%) ahead of last year. Interest Costs were covered 13.46 times.

On July 2011, revenue has recovered well after the adverse effects of the particularly harsh weather conditions which were felt during the Christmas and New Year trading period and the Company has enjoyed a steady performance for the first six months of the current trading year.
The Group operating profit is £558,000 (2010 - £583,000) with turnover showing a small drop of £18,000 against the previous year (No Author 2012).



BIBLIOGRAPHY

BOOKS


Guilding C. (2009) Accounting Essential, for Hospitality Managers, 2nd Ed. Oxford, Elsevier.

Wood F. Sangster (2002) Business Accounting Harlow UK , Pearson Education Ltd.

WEB SITE


Becky, P. (2009) Public demand beer tax freeze as pub closure lose treasury £242m,[online] Available at: http://www.bighospitality.co.uk/?page=articles&ID=203263,Accessed on 25th May 2012


Gray (2011) Leasehold: The Anchor Inn, Devon, [online] Available at:http://www.caterersearch.com/Articles/18/03/2011/337483/leasehold-the-anchor-inn-devon.htm , Accessed on 24th April 2012.

 Insermedia (2012) Sale down at Heavitree brewery.[online] Available at: http://www.insidermedia.com/insider/south-west/66525-sales-down-heavitree-brewery/. Accessed on 25th February 2012.

 London stockexchange (2012) [online] Available at: http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB0004182506GBGBXAIMAv Accessed on 16th February.

Moneyam (2012) Heavitree brewery PLC share price [online],  Available at: http://www.moneyam.com/shareprice/HVT. Accessed on 27th February 2012.

Morningstar (2012) Heavitree Brewery plc performance [online] Available at: http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=1&SecurityToken=0P0000C8GK]3]0]E0WWE$$ALL&Id=0P0000C8GK&ClientFund=0&CurrencyId=GBP Accessed on 1st March 2012.

No Author (2012) The Heavitree brewery,[online]Available at: http://www.heavitreebrewery.co.uk/. Accessed on 5th February 2012.

Reuters (2010) The Heavitree brewery PLC reccomend Interim dividend  [online] Available at: http://www.reuters.com/finance/stocks/HVT.L/key-developments . Accessed on 25th May 2012.



Stockopedia ( 2012) Heavitree brewery (HTV) Profile information.[online] Available at: http://www.stockopedia.co.uk/share-prices/heavitree-brewery-LON:HVT/ Accessed on 14th March2012/


The Telegraph (2012) Heavitree brewery latest share price.[online] Available at:http://shares.telegraph.co.uk/quote/?epic=HVT . Accessed on 11th March 2012