Leisure and brewing stocks are suffering from a lack of pricing power despite the improving outlook ...
Leisure and brewing stocks are suffering from a lack of pricing power despite the improving outlook for UK GDP Overcapacity has affected both pricing power and profitability for travel and brewing companies The brewery sector has also seen significant investment over the past few years in pub retailing, which has led to an imbalance between demand and supply The FTSE All-Share Leisure, Entertainment and Hotels Index is up by only 2.3% in the period between 2 November 1998 and 2 November 1999 Some income fund managers are also looking to hold convertible stock in the sector rather than o...
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