Adnams reports good bookings as lockdown eases

Adnams said demand for its products remained encouraging and that it had seen good levels of bookings after the Covid-19 lockdown had a severe effect on revenue in the first half.

The brewer and pub owner said the trading environment was still volatile after most of the hospitality industry was closed for the first half of the year. Pubs were allowed to serve customers outside from 12 April May and inside from 17 May.

After waiving or reducing pub rents during the pandemic the brewer of Broadside and Ghost Ship said it expected rents to go back to the full rate later in 2021 if there are no further lockdowns.

Chairman Jonathan Adnams said: "We are cautiously optimistic that the second half of the year will see some steps back towards normality in the economy leading to customers once again visiting pubs. We anticipate that our accommodation led businesses will benefit from reduced foreign travel this year.

"Demand for Adnams products whether online or take-home has remained encouraging across beer, wines and spirits and we have also seen good levels of future bookings for customers to eat and stay with us once restrictions are lifted further."