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

Share Price Information for Fuller Smith & Turner (FSTA)

London Stock Exchange
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Share Price: 616.00
Bid: 616.00
Ask: 620.00
Change: 0.00 (0.00%)
Spread: 4.00 (0.649%)
Open: 614.00
High: 622.00
Low: 614.00
Prev. Close: 616.00
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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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4 Apr 2022 10:28

Berenberg lowers target price on Fuller, Smith & Turner

(Sharecast News) - Analysts at Berenberg lowered their target price on pub landlord Fuller, Smith & Turner from 1,000.0p to 850.0p on Monday but acknowledged that London's recovery was building steam.

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4 Apr 2022 09:47

LONDON BROKER RATINGS: Barclays downgrades Aviva and raises Just Group

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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17 Mar 2022 14:16

EXECUTIVE CHANGES: Young's promotes new CEO; Centrica replaces Hester

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and Thursday and not separately reported by Alliance News:

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22 Feb 2022 13:27

IN BRIEF: Shepherd Neame hires Rank executive as new head of pubs

Shepherd Neame Ltd - Faversham, Kent-based brewer and pub chain - Hires Jonathon Swaine to be managing director for Pubs arm. Swaine joins from casino operator Rank Group PLC, where he is MD for Retail. Prior to Rank, Swaine was MD for Fuller's Inns, the largest division of Fuller, Smith & Turner PLC. Shepherd Neame says it will make a further announcement with the date when Swaine will join. Chief Executive Officer Jonathan Neame says Swaine is "an operator of considerable experience and is highly respected within the industry.

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27 Jan 2022 20:20

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

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27 Jan 2022 09:16

Fullers delivers 'steadily improving performance' since reopening estate

(Sharecast News) - Pub landlord Fuller, Smith & Turner said on Thursday that it had delivered a "steadily improving trading performance" since reopening its estate on 19 July 2021.

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4 Jan 2022 10:45

SMALL-CAP WINNERS & LOSERS: Fuller's, Gym Group bounce; Avon struggles

SMALL-CAP WINNERS & LOSERS: Fuller's, Gym Group bounce; Avon struggles

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4 Jan 2022 08:51

LONDON MARKET OPEN: Travel stocks jump as markets start year strongly

LONDON MARKET OPEN: Travel stocks jump as markets start year strongly

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29 Dec 2021 15:55

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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9 Dec 2021 14:44

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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19 Nov 2021 09:39

LONDON BROKER RATINGS: Credit Suisse cuts Johnson Matthey to Neutral

LONDON BROKER RATINGS: Credit Suisse cuts Johnson Matthey to Neutral

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18 Nov 2021 11:35

Fuller's resumes payouts as swings to interim profit

Fuller's resumes payouts as swings to interim profit

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18 Nov 2021 09:15

Fuller's returns to profit after full reopening of pubs and hotels

(Sharecast News) - Fuller, Smith & Turner reported first half revenue of £116.3m on Thursday, up from £45.6m year-on-year, as it swung to EBITDA earnings of £22.8m from losses of £3.7m.

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11 Nov 2021 15:51

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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3 Nov 2021 14:13

EXECUTIVE CHANGES: MaxCyte promotes to chair; Sanderson adds retailers

EXECUTIVE CHANGES: MaxCyte promotes to chair; Sanderson adds retailers

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