City Pub Group strong start to 2020 'curtailed' by Covid-19 pandemic

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The City Pub Group reported higher profit for 2019, but said it strong start to the year had been 'curtailed' by the impact from the Covid-19 pandemic.

The company said adjusted pre-tax profit was up 4% to £5.3m on-year and revenue rose 31% to £60.0m.

'2020 began well, but growth plans immediately curtailed by COVID-19 and closure of estate in March,' the company said.

At 8:42am: (LON:CPC) City Pub Group Plc share price was -2p at 90p