Greene King - Re: GNK Stream Log - Panmure note out this morning...

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Re: GNK Stream Log
11:33 29/06/2016
Simbrad
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Panmure note out this morning on research tree.. "Greene King reported full year results ahead of expectations, with Sales £2,073m and adj PBT of £256.5m (PGe £249m) to give EPS of 69.9p (PGe 66.9p) and DPS of 32.05p (4.2% yield) – with the beat largely driven by cost savings from the integration of Spirit (£16.7m versus £12m). The company has had a strong start to the year (LFL +2.8%) but mentions likely short term Brexit impact on consumer confidence."

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