# J D Wetherspoon reports FY2025 profit growth with strong cash generation - Link: https://www.directorstalkinterviews.com/j-d-wetherspoon-reports-fy2025-profit-growth-with-strong-cash-generation/4121219075 - Published: 2025-10-03T07:33:00+01:00 - Author: Amilia Stone **J D Wetherspoon Plc** (LON:JDW) has announced its prelimibnary results for the 52 weeks ended 27^(th) July 2025 | **FINANCIAL HIGHLIGHTS** | **Var %** | | ** ** | | | **Before separately disclosed items** | | |   Like-for-like sales (vs FY2024) | +5.1% | |   Revenue £2,127.5m (2024: £2,035.5m) | +4.5% | |   Profit before tax £81.4m (2024: £73.9m) | +10.1% | |   Operating profit £146.4m (2024: £139.5m) | +4.9% | |   Basic earnings per share 50.8p (2024: 48.6p) | +4.5% | |   Free cash inflow per share 47.3p (2024: 26.4p) | +79.2% | |   Full year dividend 12.0p (2024: 12.0p) | | | .  | | | **After separately disclosed items^(1)** | | |   Profit before tax £89.3m (2024: £60.6m) | +47.4% | |   Operating profit £142.2m (2024: £142.6m) | -0.3% | |   Basic earnings per share 60.0p (2024: 40.5p) | +48.1% | ^(1)Separately disclosed items as disclosed in account note 3.** > **Commenting on the results, Tim Martin, the Chairman of J D Wetherspoon plc, > said:** > “In the last nine weeks, to 28 September 2025, like-for-like sales increased by > 3.2%. The latest ‘CGA RSM Hospitality Business Tracker’, for August 2025, said > industry like-for-like sales were +0.5%. During this period, Wetherspoon like- > for-like sales were +3.7%. This was the 36th month in a row that Wetherspoon has > outperformed the tracker. > “As previously indicated, increases in national insurance and labour rates will > result in cost increases of approximately £60 million per annum, and non-commodity > energy costs will add £7 million. The recently introduced ‘Extended Producer Responsibility’ > tax, a levy on packaging, referred to in the table on page 9, will cost £2.4 million > in the current year, an increase of £1.6 million. Cost increases such as these > will undoubtedly add to underlying inflation in the UK economy, although Wetherspoon, > as always, will endeavour to keep price increases to a minimum. > “In appendix 2 and the link within the “Health and pubs” section below, I have > written articles which expand on the tax advantages of supermarkets compared to > pubs and on questionable dietary advice, including advice about alcohol consumption, > which has gained increasing support among academic commentators and legislators. > Sensible policies in both these areas are essential for the future well-being > of the hospitality industry. > “In the last financial year, Wetherspoon, its customers and employees generated > a total of £838 million of taxes for the UK government. The total tax raised by > the government in the last financial year was £858.9 billion. Therefore, Wetherspoon > generated approximately £1 in every £1,000 of all UK tax revenue. In other words, > the country only needs about one thousand companies like Wetherspoon and no one > else would have to pay any taxes at all. Wetherspoon is confident that it will > provide more tax revenue for the government in the current financial year, while > aspiring to increase earnings per share at the same time. > “The company currently anticipates a reasonable outcome for the financial year, > although government-led cost increases in areas such as energy may have a bearing > on the outcome.” [JDWetherspoon](https://www.directorstalkinterviews.com/wp-content/uploads/2025/10/JDWetherspoon.pdf) [Download](https://www.directorstalkinterviews.com/wp-content/uploads/2025/10/JDWetherspoon.pdf) Share on: