Northern Monk's H1 2019 Investor Report

Northern craft beer Brethren provides investors with a business update

- updated at March 9, 2019, 1:50 p.m.

A busy time up North

Posted by Relte on March 9, 2019 |

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Summary:

  • Second tap room opened in Manchester, in the "Heart of Manchesters Northern Quarter."
  • Infrastructure investments
    • Canning line - 6000 cans per hour, upgradable to 12000
    • Second warehousing facility adding 10ksqft. -cold storage of 250 pallets @ 4 degrees
    • production slightly under expectations due to 'everything' coming online - but heading into the new year strong
  • Revenue still up 80%yoy
  • Waitrose listing in April!

Northern Monk Prod Figures H1 2019

"Foundations are laid, we're at the start of an incredible journey." - Russel Bisset (MD) and Brian Dickson

Posted by Relte on March 9, 2019 |