Heavitree Brewery (GB:HVT) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.