Presenting its preliminery results for the 52 weeks to May 1, Greene King has heralded a transformational year with integration ahead, strong returns and further dividend growth.

Greene King logoGroup revenue rose 57.6% to £2,073m with adjusted profit before tax up 52.2% to £256.5m.

There was 2.9% growth in Brewing and Brands’ own-brewed volume, with ale market share up to 10.5%.

Chief executive, Rooney Anand, said: “It has been a transformational year for Greene King. We completed the acquisition of Spirit Pub Company and reached the milestone of £2bn revenue. We have delivered growth across each of the three divisions, outperforming the market in a challenging environment, while making significant progress in combining the best of both businesses to build Britain’s best pub company.

“I am pleased to report a strong start to the new financial year, although it is likely that consumer confidence will be affected by Brexit in the near-term. However, Greene King has a strong track record of performing well in challenging conditions. We are a resilient business with a talented team and a strong balance sheet, and we will benefit from the opportunities created by the Spirit acquisition. We are well placed to continue delivering value to our shareholders.”