Free Investment Report
The company has continued to trade well with 1.7% Pub Company like-for-like sales growth in the first 18 weeks to 4 September. This follows on from 1.5% like-for-like sales growth in the fiscal year to 1 May 2016. The forecast P/E for the year to April 2017 at 10.6X is modest and our rating remains at buy.
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