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Pin to quick picksFuller Smith & Turner Share News (FSTA)

Share Price Information for Fuller Smith & Turner (FSTA)

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Share Price: 706.00
Bid: 700.00
Ask: 708.00
Change: 6.00 (0.86%)
Spread: 8.00 (1.143%)
Open: 690.00
High: 708.00
Low: 690.00
Prev. Close: 700.00
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Fullers 'primed for a strong Christmas' as revenues jump

Wed, 15th Nov 2023 09:19

(Sharecast News) - Pub chain Fuller, Smith & Turner reported a jump in half-year profit and revenue on Wednesday, benefiting from the return of office workers, as it said it was "primed for a strong Christmas".

In the 26 weeks to 30 September, adjusted pre-tax profit rose 48% to £14.5m, with revenue up 12% at £188.8m. The company hailed strong performances across the estate.

It also said that like-for-like sales in the 32 weeks to 11 November were up 11.7% and that current bookings were already 11% ahead of the prior year.

The interim dividend was lifted 42% on the same period a year earlier, to 6.63p a share.

Chief executive Simon Emeny said: "We have had a strong start to the year - delivering excellent financial results and building a superb platform for future growth. While there are still a number of macro-economic elements to navigate, certain external factors are moving in our favour with office workers continuing to return to their desks and the City becoming a seven-day operation with increased leisure spend at the weekend.

"There has been a welcome return of major events. Customers are increasingly seeking premium experiences when they are spending their money, and we have the benefit of the lucrative international tourist trade to come with inbound tourism still below pre-Covid levels."

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16 Jun 2016 08:10

'Casual dining' restaurants suffer but pubs bubble up, Coffer Peach finds

(ShareCast News) - Trading at larger UK pubs and restaurant groups slowed even further in May, with like-for-like sales down 1.4% year-on-year as a hefty decline at casual dining chains outweighed a small improvement for pubs. These findings from the Coffer Peach Business Trackers were the bigge

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10 Jun 2016 09:47

Fuller's down despite full-year growth

(ShareCast News) - Shares in Fuller, Smith & Turner were down 3.26% in morning trading on Friday, after it reported positive growth for the last financial year but challenging conditions going into the current year. Adjusted profit before tax at the London-listed pubco rose 12% in the year to 26 Mar

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10 Jun 2016 06:47

Fuller, Smith & Turner Annual Profit Up On Good Revenue Growth

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9 Jun 2016 12:50

Friday preview: Fuller Smith & Turner reports full year results

(ShareCast News) - Pub operator Fuller Smith & Turner is expected to report on Friday an 8.5% increase in full year pre-tax profits on the back of a rise in like-for-like sales. Numis has forecast pre-tax of £39.5m, down from £36.4m the previous year. Earnings per share is expected to rise 7.7% to 5

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3 Jun 2016 15:04

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31 May 2016 09:05

Fuller, Smith & Turner's Beer Co Managing Director Ian Bray Resigns

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19 May 2016 07:51

Pubs suffer tough April as restaurants enjoy further growth

(ShareCast News) - The restaurants and pubs sector endured a further decline in like-for-like sales in April, as wavering consumer confidence mixed with inclement weather. Like-for-like sales across managed pub and restaurant groups fell 0.8% against the same month last year, according to the Coffer

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17 Feb 2016 08:51

London leisure spend lagging provinces, says Coffer Peach Tracker

(ShareCast News) - Trading at the UK's largest restaurant food-led pub chains saw an encouraging uplift last month, despite London falling behind its provincial cousins and casual dining outperforming pubs and bars in 'dry January'. Like-like-sales for January for the 31 companies monitored in the C

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28 Jan 2016 09:15

Fuller, Smith & Turner Pubs, Hotels And Inns Do Well, Beer Volumes Off

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26 Nov 2015 16:08

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