PUNCH Taverns, Scotland's biggest pub landlord, has declared it is on course to meet full-year profit expectations – despite poor weather undermining trade in January.
The Burton-based company, which leases 276 pubs north of the Border, saw like-for-like net income fall by 3.5% in its core estate in the 12 weeks to March 2. This compared favourably with its first quarter, when Punch saw net income drop by 5.2% on the same basis.
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