Valiant Pub Company recorded a 45% increase in revenue to £42.9 million in the financial year ended 29th March, with pub-level EBITDA up 56% to £8.6m.
Driven by continued expansion and strategic investment, the estate now stands at 103 pubs. With a strong pipeline of opportunities and funding in place, Valiant says it is well positioned to continue growing at pace.
Founded in 2021 by Gerry Carroll and Mark McGinty, Valiant has evolved from a wet-led operator into a diversified pub business spanning traditional locals, food-led pubs, and larger, destination venues offering restaurants and accommodation.
Rather than imposing a single model across the estate, Valiant focuses on developing the right offer for each pub, tailored to its community and local market.
The group acquired 16 pubs and disposed of two non-core sites in FY26, with the estate ending the financial year with 94 pubs. It has continued to expand its presence across the North, Midlands, Wales, and the South of England, targeting high-quality community pubs. The estate currently stands at 103 pubs.
Gross profit increased to £29.4m (FY25: £19.8 million) and pub-level EBITDA increased to £8.6 million/20% margin (FY25: £5.5m/18.6% margin), underpinned by disciplined cost control and strategic pricing.
The company has a new £14m facility from Metro Bank and a further £8m committed post-year end. Total committed bank funding now stands at £34m, supporting continued acquisition and refurbishment momentum.
“These results demonstrate the quality and strength of the business we have built over a relatively short period of time,” said Gerry Carroll. “We have assembled a strong and growing estate of community pubs, a healthy acquisition pipeline, and a proven model for creating value through investment and local engagement.
“With further opportunities ahead, we look forward to bringing more great pubs into the group and extending our presence in communities across the UK.”
Mark McGinty added: “FY26 was another year of strong progress for Valiant. Growing a pub estate is one thing; growing it while improving profitability is much harder.
“We added 16 pubs during the year and increased pub-level EBITDA margin to 20%, supported by our continued investment in food, accommodation, and the quality of our offer. With a stronger operating platform and the ongoing support of Njord Partners, we are well placed to build on this momentum.”
