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Heavitree Brewery Announces Robust Half-Year Results

Heavitree Brewery Announces Robust Half-Year Results

Heavitree Brewery (GB:HVT) has released an update.

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Heavitree Brewery PLC reports a solid performance with a 2.1% increase in turnover to £3.396 million in the first half of 2024 despite adverse weather and an early Easter, leading to an operating profit of £540,000. The company also announced an increased interim dividend of 2.25p per share and concluded the wind-up of its American subsidiary, which started operations in 1982. Additionally, Heavitree Brewery anticipates a sales boost from upcoming sports events and is confident for the latter half of the year.

For further insights into GB:HVT stock, check out TipRanks’ Stock Analysis page.

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