Mosaic Pub News Today

The London-listed group revealed that revenue has increased to £31.7million, for the first half to 26 June, up from £26.7million the previous year.

By Daniel Fessahaye

From 26 June, City Pub Group will take operational control of the pubs in the Mosaic estate, which comprises nine pubs in London and Birmingham.

City Pub Group PLC (AIM:CPC) said trading continued to be strong for the first 23 weeks of the year with “clear evidence” costs are coming down in some...

City Pub Group has announced sales are up 20% in the first 23 weeks of its financial year versus 2022 while like-for-like (lfl) sales improved by 13% on last year.

City Pub Group PLC - London-based pub operator - Says trading has been strong in the first 23 weeks of the year, ended June 4, with sales up 20% against the previous year. Like-for-like sales are up... | June 7, 2023

Shares in the City Pub Group rose 5.03 per cent to 83.50p after the firm delivered better than expected results and claimed it was "well-positioned to Clive Watson, who oversees a portfolio of popular pubs such as The Phene in Chelsea, told City A.M that London is the region that is “doing best” compared to its sites in regions such as Cambridge and East Anglia. 

A busy time for pub purchasing and renovations has seen new kids on the block Sogbog buys its first site; Brunning & Price builds its portfolio; investments from pubcos including Star, Greene King and Admiral; and a former Great British Pub Awards overall winning site is sold to Young's.

Speaking to  The Morning Advertiser​ ( MA​) after the release of City Pub Group’s 2020 financial results statement – which saw pandemic restrictions hit its revenue to the tune of £34.2m​ in the 52 weeks ended 27 December 2020 – executive chairman Clive Watson described the confirmation of indoor pub reopening on 17 May as a “relief” but “no great surprise”.  “I think people in this country are on the whole very compliant, so I think it will give them confidence, now...

Excellent position: the early signs since we have been allowed to trade outdoors have been very heartening, City Pub Groups Clive Watson said Despite pandemic restrictions hitting its revenue for £34.2m in the 52 weeks ended 27 December 2020, City Pub Group is in an ‘excellent position’ as the country reopens according to its executive chairman. According to its final results for 2020, the operator of a freehold estate of 45 wet-led pubs across London, southern...