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Punch Taverns Plc - Company Profile Snapshot

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Company Profile: Punch Taverns Plc
Ticker: PUB
Exchanges: LON
2009 Sales: 1,441,000,000
Major Industry: Miscellaneous
Sub Industry: Wholesalers
Country: UNITED KINGDOM
Employees: 18457

Business Description
Punch Taverns Plc. The Group's principal activity is operating public houses under either the leased model or as directly managed. Pubs that are directly managed involve the employment of a manager to operate each managed pub and the Group receives all revenues generated by the pub and is responsible for costs. The leased model involves the granting of leases to tenants who operate the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Group operates over 8,400 pubs across its leased and managed portfolio.

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