Strong Performance in a Turbulent Year for the Drinks Industry

We are very pleased with our performance in what was an extremely difficult year for the UK drinks industry. While we enter 2008 in a stronger position than ever, we are aware that the external economic environment continues to be volatile.

Highlights

• Turnover £47.4 million – up 2.8%
• Operating Profit £4.2 million – up 2.6%
• Profit before tax £7.5 million, benefiting from property disposals
• Net debt £10.9 million – down 33%
• Divdend £1.83 – up 4.6%
• Beer Volumes in line with last year

We believe that we have positioned Adnams well for the future. We have adopted an ambitious plan and believe that by building on the strength of the Adnams brand and truly understanding what our customers want, we will deliver sustainable and improving value for shareholders. 

You can view the Annual Report 2007 in PDF format here.