J D Wetherspoon saw revenue rise 3.6% to £830.4m in the 26 weeks to January 28, with profit before tax up 20.6% to £62m. Like-foor-like sales were up 6.1%.
Chairman, Tim Martin, said: “The company anticipates higher costs in the second half of the financial year, in areas including pay, taxes and utilities. In view of these additional costs, and our expectation that growth in like-for-like sales will be lower in the next six months, the company remains cautious about the second half of the year.
“Nevertheless, as a result of slightly better-than-expected year-to-date sales, we currently anticipate an unchanged trading outcome for the current financial year.”