Eldridge Pope plans to have 12 town-centre Toad pubs by the end of the year.
The West country operator has 131 managed houses and 64 tenancies.
It reported annual profits before tax and exceptionals up 9.3% to £6.1m.
The Times 10/12/99 page 36
Financial Times 10/12/99 page 26
The Daily Telegraph 10/12/99 page 39