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    JDW   GB0001638955

J D WETHERSPOON PLC

(JDW)
  Report
Delayed Quote. Delayed London Stock Exchange - 11/26 11:35:28 am
892 GBX   -3.78%
11/15J D Wetherspoon plc Announces Board Update
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11/10FTSE 100 Rises Led by ITV After Strong 3Q Update
DJ
11/10Roaring Twenties? Cocktails in vogue at British pub chain Wetherspoon
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Wetherspoons Boss Denies Brexit is Cause of Driver Shortage Hitting UK Pubs, Restaurants

09/02/2021 | 07:42am EST

By Adam Clark

J.D. Wetherspoon PLC's boss on Thursday denied that shortages of some beer brands were linked to Brexit, attributing the problems to industrial action by staff working for Heineken NV.

The pub chain's chairman, Tim Martin--who supported the U.K. leaving the European Union--said limited shortages followed threatened industrial action in recent weeks by drivers and warehouse staff working for Heineken. The Dutch beer company said last month that it was looking for alternative delivery methods and advising customers to order extra products in advance of the planned industrial action.

"There are supply-chain issues in many EU countries following the pandemic. It has been widely reported that there are shortages of 400,000 HGV [heavy-goods vehicles] drivers in Germany, France and Spain, for example, and Germany in particular is struggling with major world-wide supply-chain issues," Mr. Martin said.

Fast-food chains McDonald's, Nando's and Greggs PLC have all recently been forced to remove some items from their menus or close outlets in the U.K. due to supply-chain issues. While a lack of workers has been partly attributed to the Covid-19 pandemic delaying training, and keeping staff at home, industry bodies have also said Brexit has contributed to the problem.

Freight trade association Logistics UK said last week that 14,000 EU drivers left employment in the U.K. in the year to June 2020 and that only 600 had returned. It called for the granting of 10,000 temporary work visas to encourage EU drivers to return but the British government has urged employers to rely on the domestic workforce.

"Brexit gave the power to the U.K. government to allow more HGV drivers in, should it choose to do so," Mr. Martin said.

Write to Adam Clark at adam.clark@wsj.com

(END) Dow Jones Newswires

09-02-21 0942ET

Stocks mentioned in the article
ChangeLast1st jan.
CUBESMART -2.38% 53.75 Delayed Quote.59.92%
DJ INDUSTRIAL -2.53% 34899.34 Delayed Quote.16.98%
EURO / BRITISH POUND (EUR/GBP) 0.81% 0.84879 Delayed Quote.-5.93%
GREGGS PLC -2.29% 2985 Delayed Quote.66.76%
HEINEKEN HOLDING N.V. -3.39% 76.9 Real-time Quote.3.31%
HEINEKEN N.V. -2.35% 93 Real-time Quote.4.41%
J D WETHERSPOON PLC -3.78% 892 Delayed Quote.-20.07%
TIM S.A. -2.39% 13.87 End-of-day quote.-5.32%
All news about J D WETHERSPOON PLC
11/15J D Wetherspoon plc Announces Board Update
CI
11/10FTSE 100 Rises Led by ITV After Strong 3Q Update
DJ
11/10Roaring Twenties? Cocktails in vogue at British pub chain Wetherspoon
RE
11/10Sterling Could Fall if Post-Brexit Tensions Escalate
DJ
11/10FTSE 100 Seen Little Changed With US Inflation Print in View
DJ
11/10J D Wetherspoon 15-Week Sales to November Fall
MT
11/09Wetherspoons Chairman Says Investor Body Refrained From Discussing Board Gender Diversi..
MT
10/27FTSE 100 slips, midcaps gain after UK growth forecast lifted
RE
10/19J D WETHERSPOON : Panmure Initiates JD Wetherspoon With Buy Rating, Sets PT
MT
10/13Rocking down to Electric Avenue? Good luck charging your car
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Analyst Recommendations on J D WETHERSPOON PLC
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Financials
Sales 2022 1 763 M 2 350 M 2 350 M
Net income 2022 54,4 M 72,5 M 72,5 M
Net Debt 2022 1 249 M 1 665 M 1 665 M
P/E ratio 2022 21,0x
Yield 2022 0,91%
Capitalization 1 056 M 1 406 M 1 408 M
EV / Sales 2022 1,31x
EV / Sales 2023 1,21x
Nbr of Employees 42 572
Free-Float 74,8%
Chart J D WETHERSPOON PLC
Duration : Period :
J D Wetherspoon plc Technical Analysis Chart | JDW | GB0001638955 | MarketScreener
Technical analysis trends J D WETHERSPOON PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Last Close Price 892,00 GBX
Average target price 1 229,25 GBX
Spread / Average Target 37,8%
EPS Revisions
Managers and Directors
John Hutson Chief Executive Officer & Director
Ben Whitley Director & Finance Director
Timothy Randall Martin Non-Executive Chairman
David Capstick Director-Information Technology & Property
Martin Geoghegan Operations Director
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