Financial Analysis of Greene King PLC and Young & Co's Brewery PLC

Advanced Financial
Accounting
Assignment

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By student name
Professor
University
Date: 25 April 2018.
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Contents
Introduction.................................................................................................................................................3
Discussion and Analysis...............................................................................................................................4
Performance Factors...................................................................................................................................9
References.................................................................................................................................................10
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Introduction
A report has been prepared on the financial analysis of the two companies listed on the London stock
exchange. The report highlights as to how the annual report of the companies meets the expectations of
the corporate stakeholders (Boccia & Leonardi, 2016). The year of analysis chosen in the report is 2018.
An in-depth ratio analysis has been done using 10 critical and significant ratios of the company, which
shows the financial status, and performance of the company from the viewpoints of various parties like
those of management, investors and lenders. A year-to-year comparison also helps in knowing if the
company has progressed or declined in terms of progress. The last section of the report discusses the
financial and non-financial factors that have affected the performance of the companies. The limitation
of the report is that it covers the financial and non-financial analysis of the company from the
perspective of the annual report, it does not focuses on many other areas of interest like those of
internal control, processes, market stability, etc. (Choy, 2018).
The two companies, which has been considered for analysis is Greene King plc and Young & Co's
Brewery PLC. Green King PLC is one of the largest pub retailer and brewer in United Kingdom. It is based
out of Bury St Edmunds, Suffolk, England and the company owns a number of hotels, pubs and
restaurants with the total number over 3100. It is listed on London Stock Exchange and is a major
constituent of FTSE 250 Index. It was formed back in 1799 and grown multiple times by the way of
mergers and acquisitions. It runs various apprentice and hospitality programme in order to address the
skill and the experience gap of those who are unemployed and has more than 9000 registrations until
date (Alexander, 2016). Some of the programmes are Greene King Apprenticeship Programme and Get
into Hospitality Programme. On the other hand, Young & Co.'s Brewery Plc is another pub chain
company again operating in United Kingdom with 220 pubs. It was established in 1831 and in the
company 40% stake is being held by Young & Co and Charles Wells own 60% stake. This company again
has had a number of major acquisitions, which puts it third on the list of premium ale brewery in the UK
(Chron, 2017).
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