Punch Pubs & Co has reported a robust end to 2025, posting revenue of £105.1m for the 16 weeks to 30 November 2025, up from £97.3m a year earlier.

Underlying EBITDA for the pub estates before central costs rose by £1.6m to £39.4m, while total EBITDA reached £27.5m for the period, compared with £26.5m the previous year. For the full 52 weeks to 30 November 2025, underlying EBITDA stood at £100.1m, significantly higher than the £76m recorded by the wider Punch Group in the year before the 2020 pandemic.

The company said performance was driven by inflation-linked price increases, targeted capital investment, pub conversions and acquisitions, and a £5.1m cost-saving programme. It invested £17m in capital expenditure during the period, reflecting an accelerated transfer of pubs to its pub partnerships model.

Trading has continued strongly, with EBITDA 10 percent ahead year-on-year in the eight weeks to 25 January 2026. The firm has since agreed deals to acquire 49 pubs for £42.2m and is exploring new funding options to support further growth.