Pub chain JD Wetherspoon said it had been boosted by strong trading around the fortnight of the Jubilee celebrations and during the Euro 2012 championships.
The firm said the events had helped push up like-for-like sales by 6.1%, and total sales by 11.9% in the 11 weeks to 8 July 2012.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It expects to report an operating margin of approximately 8.5% before exceptionals in the second half.
Wetherspoon said it expected to achieve "a reasonable outcome" for the current financial year.
"As previously stated, the main challenges for the company, in this financial year of 53 trading weeks, have been the continuing cost pressures resulting from government legislation, including increases in excise duty, business rates and carbon tax," the company said.
-
What is the 25x retirement rule and does it work?The 25x retirement rule has been around for decades but many experts question if it is a suitable strategy
-
When is the self-assessment tax return deadline?If you are self-employed, rent out a property or earn income from savings or investments, you may need to complete a self-assessment tax return. We run through the deadlines you need to know about
