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JD Wetherspoon's boss Tim Martin tells EU chiefs to take a 'wise-up pill' on Brexit

Proactive Investors' Tom Howard reports on JD Wetherspoon PLC's (LON:JDW) full year results.

The numbers were in-line with what the company had forecast earlier in the summer when it lifted expectations not once but twice.

Like-for-like sales in the 12 months ended 30 July increased by 4% which was at the top end of guidance. Total revenues came in at £1.66bn (2016: £1.60bn), with rising food sales a key driver.

Boss Tim Martin also had a message for European Commission president Jean-Claude Juncker telling him to take a “wise-up pill” if he wants to avoid further economic damage to some struggling countries on the continent.

Quick facts: JD Wetherspoon

Price: 1623 GBX

LSE:JDW
Market: LSE
Market Cap: £1.7 billion
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