Greene King PLC (GNK.L)
8 Dec 2017
Nov 30 Greene King became the latest British pub operator to flag weakness in consumer spending and higher costs of serving food and drinks, as it reported an 8 percent drop in first-half profit.
Nov 30 British pub operator Greene King said on Thursday higher costs pushed its first-half profit down 8 percent.
MILAN European shares ended little changed on Friday as the euro's rally dimmed appetite for regional stocks but talk about possible cuts to European Central Bank stimulus boosted banks.
* Greene King hit by weak sales update (Adds details, closing prices)
* Shares fall as much as 15 percent to five year low (Adds details, shares, analyst quote)
LONDON, Sept 8 European shares opened lower on Friday across all major bourses and sectors, failing to get support from rather quiet trading sessions in Asia and Wall Street, and as the euro's rally continues to hurt appetite for regional stocks.
Sept 8 Pub operator Greene King expects weaker consumer confidence to persist in the near term, it said as it reported a dip in sales at its pubs.
Aug 11 Britain's Restaurant Group, operator of Frankie & Benny's and other chains, and pubs group Greene King appointed new chief financial officers on Friday.
Aug 11 Frankie & Benny's chain owner Restaurant Group named Kirk Davis as chief financial officer on Friday, scooping him from pub firm Greene King, where he oversaw the company's Spirit Pub Company acquisition.
* Richard Smothers will be joining Greene King in December 2017, and joining board as chief financial officer in February 2018