Shepherd Neame kickstarts beer division review as volumes fall

The Kent-based brewer and pub operator said revenue fell 1.1% to £162.6m, while underlying EBITDA rose 0.8% to £25.6m and underlying pre-tax profit increased 1.8% to £7.8m, in line with market expectations.Pub trading was the main driver of growth, with retail like-for-like sales up 3.8% and tenant…