Adnams ailing as beer goes flat in crisis - Business - Evening Standard
       

Adnams ailing as beer goes flat in crisis

Suffolk brewer Adnams today warned that 2008 profits would be "substantially lower" than the £4.2 million it made the previous year as it became the latest victim of the crisis battering pubs.

The firm, which has been brewing ale at the Sole Bay Brewery in Southwold since 1872, said trading since August was worse than expected.

Adnams' beer sales were down 6% last year but off 10% in pubs and hotels. With 39 pubs around the UK closing every week, the brewer said the industry faced "a particularly difficult period", and admitted it was "heavily exposed to the exceptionally weak trading environment".

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