You are here

Prices & Quotes - UK Markets - Wetherspoon (J.D.) (JDW)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 846.00p
Change Today:
38.50p
Market Cap:
1,018.42m
Sector:
Travel & Leisure

Wetherspoon to cut up to 450 jobs at six airport pubs

By Caoimhe Toman

Date: Tuesday 22 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Pub chain JD Wetherspoon announced on Tuesday that it would be cutting up to 450 jobs at six airport establishments.

In a letter to 1,000 employees working at the six pubs, it warned of a possible 400 to 450 redundancies. The cuts would affect staff in Gatwick, Heathrow, Stansted, Birmingham, Edinburgh and Glasgow airports.

Wetherspoons chief executive John Hutson said: "The decision is mainly a result of a downturn in trade in these pubs, linked with the large reduction in passenger numbers using the airports.

"We should emphasise that no firm decisions have been made at this stage.

"Wetherspoons is proposing to collectively consult with employees through an employment representative committee, which will be established for this purpose."

The cuts are on top of already announced plans to axe 130 head office roles in the wake of the Covid-19 pandemic.

The company will now start a consultation process with the affected employees.

A spokesperson told The Sun that the types of roles that are at risk "are still to be discussed".

Wetherspoon boss Tim Martin warned over the weekend that many pubs and restaurants risk being closed down if the UK government implements further restrictions to stop the spread of the virus.

Most recently, Prime Minister Boris Johnson said he would enforce a 10pm curfew on pubs after the number of Covid-19 cases rises once again.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

JDW Market Data

Currency UK Pounds
Price 846.00p
Change Today 38.50p
52 Week High 1,734.00p
52 Week Low 559.50p
Volume 673,607
Shares Issued 120.38m
Market Cap 1,018.42m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 6
Buy 1
Neutral 3
Sell 1
Strong Sell 1
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

JDW Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 24-Oct-19
Paid n/a 28-Nov-19
Amount 0.000p 8.00p

Trades for 20-Oct-2020

Time Volume / Share Price
16:53 10,053 @ 813.35p
16:35 16,150 @ 846.00p
16:35 81 @ 846.00p
16:35 117 @ 846.00p
16:35 16,150 @ 846.00p

JDW Key Personnel

CEO John Hutson
Chair Timothy (Tim) Martin
Finance Director Ben Whitley