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Full interview: City Pub Group shifts focus to developing pub estate and improving dividends

Clive Watson, executive chairman of City Pub Group PLC (LON:CPC), speaks to Proactive London's Andrew Scott after announcing an almost 20% rise in profits for its first half of the year.

The chain, which operates 47 upmarket ‘wet’ (drink-led) pubs across England and Wales, reported an adjusted pre-tax profit of £1.9mln for the six months ended 30 June, 19% higher than the prior year, while revenues jumped 36% to £27.1mln.

Quick facts: City Pub Group Plc

Price: 190.6 GBX

AIM:CPC
Market: AIM
Market Cap: £113.79 m
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City Pub Group well placed to achieve target of 65-70 sites by mid-2021

Clive Watson, chairman of City Pub Group PLC (LON:CPC), tells Proactive London's Andrew Scott 2019's begun well for them with  continued strong momentum in the business. He adds that the group is well-placed to meet its expectations for the year as a whole.  Since early...

on 24/6/19

2 min read