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Pub chain JD Wetherspoon's full-year profit up 3%

The JD Wetherspoon chain has grown to over 900 pubs
The JD Wetherspoon chain has grown to over 900 pubs

UK pub chain JD Wetherspoon posted a 3% rise in full-year profit and said it expected a "reasonable" outcome for the current year after seeing an improvement in like-for-like sales in the first six weeks. 

The firm has grown to over 900 pubs on demand for promotions like curry clubs and 'beer and a burger' bargains.

It said its adjusted pretax profit for the year to 27 July was £79.4m, just beating market expectations of £77.3m, according to Thomson Reuters data. 

Initiatives such as menu improvements and longer opening hours, as well as new openings, helped revenue grow 10% to £1.4 billion, with sales at pubs open over a year up 5.5%. 

Like-for-like sales in the six weeks to September 7 increased by 6.3%, it said.

Wetherspoon opened its first pubs in Ireland this year.