Seems that I amAnd catching the same fish, eh Broggers?
Eggie? I didn't realise you were12, Spy.And catching the same fish, eh Broggers?
I was expecting Eggie to fall for that one but you beat her to it.
Or a rugby player.Eggie? I didn't realise you were12, Spy.
I didn't realise you were12, Spy.
He's managed to market his beer and brand very well. I don't drink but see his beer and brand all over the place. They're doing something right, either that or he's just very lucky because it's a huge competetive market out there. Revenue of £321 million is not a failure.But, but, but the guy is a marketing genius according to some on this thread!!!
A £24,000,000 operating loss doesn't sound too clever to me.He's managed to market his beer and brand very well. I don't drink but see his beer and brand all over the place. They're doing something right, either that or he's just very lucky because it's a huge competetive market out there. Revenue of £321 million is not a failure.
Wasn't much of that down to the lockdown and expansion costs? Operating expenses doesn't mean they're not selling their products. There total revenue was up by 20% or so. A few years ago there profit margins grew to over 50% , that's not the sign of an ailing business.A £24,000,000 operating loss doesn't sound too clever to me.
Closing down loads of bars doesn't seem like a runaway success story either.Wasn't much of that down to the lockdown and expansion costs? Operating expenses doesn't mean they're not selling their products. There total revenue was up by 20% or so. A few years ago there profit margins grew to over 50% , that's not the sign of an ailing business.
Good job no one is claiming that, then.Significant investment has eaten into to profits but they won't be goig bust anytime soon.
Ellon-based brewer and pub operator, BrewDog, has reported substantial losses for the third consecutive year, despite showing a 12% rise in revenue to £321.2 million.
Following last year’s £30.5m loss, the company states that this is a result of higher operational costs due to the pandemic and the conflict in Ukraine, which have disrupted global supply chains, and the surge in energy prices. Despite posting pre-tax profits of £1.1m in 2019, the company’s losses escalated to £12.5m in 2020 and £9.4m in 2021.
BrewDog records third year of losses despite growing revenues
Ellon-based brewer and pub operator, BrewDog, has reported substantial losses for the third consecutive year, despite showing a 12% rise in revenue to £321.2 million. Following last year's £30.5m loss, the company states that this is a result of higher operational costs due to the pwww.scottishfinancialnews.com
Closing down loads of bars doesn't seem like a runaway success story either.
You posted about there finances so what are you claiming? Many pubs and hospitallity businesses closed during and after covid, it's not unique to them. Overall they are making obscene amounts of money and profit and branching out, that's not the sign of a struggle, decline or loss making business.Good job no one is claiming that, then.
They have literally been a loss making company for the past three years.Overall they are making obscene amounts of money and profit and branching out, that's not the sign of a struggle, decline or loss making business.
Craft brewer and pub operator BrewDog has reported its third year in a row of hefty losses.
Yes and for a few reasons as explained in the Insiders link/report.There operating profits are up, they're employing more people and opening new pubs, a hotel and are expanding with spirits. They are literally expanding and branching out, is that the sign of an ailing business to you?I'm not arguing that they are posting losses, i have explained why,operating reasons. They are still selling there wares and to a huge anounts of people by the looks of it.They have literally been a loss making company for the past three years.
Reading that tells me they're doing okay. Workforce grown by 60%. Branching out into spirits, more bars and a few hotels. They won't be going bust anytime soon.
Yes. it's amazing how this multi million pound companies survive!Amazon has always been a loss-making business according to their filings...
It's embedded in the institutional culture of urban75, to put down Scottish success stories. Both Scottish businesses and Scottish posters are given a much harder time on here than their English counterparts who are objectively worse.
Are you suggesting a that there's a racial undertone to this thread?It's embedded in the institutional culture of urban75, to put down Scottish success stories. Both Scottish businesses and Scottish posters are given a much harder time on here than their English counterparts
Shite.It's embedded in the institutional culture of urban75, to put down Scottish success stories. Both Scottish businesses and Scottish posters are given a much harder time on here than their English counterparts who are objectively worse.
Revenues are up. But operating profits, no. They're not operating at a profit, they're operating at a substantial loss and have gone from a pre-,pandemic profit to a massive loss in three years.Yes and for a few reasons as explained in the Insiders link/report.There operating profits are up, they're employing more people and opening new pubs, a hotel and are expanding with spirits. They are literally expanding and branching out, is that the sign of an ailing business to you?I'm not arguing that they are posting losses, i have explained why,operating reasons. They are still selling there wares and to a huge anounts of people by the looks of it.
They are a shitty company.no argument there but they employ lots of people which can't be a bad thing in an uncertain world.
Again
BrewDog reports £24 million operating loss
Cost headwinds and significant investments hit the bottom line, although revenue grew by 13% last yearwww.insider.co.uk
I'm aware of that, and my link explains why. They are investing hence profits being down. Revenues are up which is a sign they're doing just fine.Revenues are up. But operating profits, no. They're not operating at a profit, they're operating at a substantial loss and have gone from a pre-,pandemic profit to a massive loss in three years.
It's more just bitterness and envy. When the Anglo-Welsh board hegemony tries to diminish Scottish Success Stories ultimately I see it as punching up rather than down.Are you suggesting a that there's a racial undertone to this thread?