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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: 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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31 Mar 2021 09:41

UPDATE 2-Banks, energy stocks drag FTSE 100 lower as Deliveroo slumps on debut

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Deliveroo shares plunge in market debut* Q4 GDP +1.3% vs preliminary estimate +1.0%* Topps Tiles falls on lower half-year sales* FTSE 100 d...

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31 Mar 2021 07:45

Fuller's announces £53m placing ahead of reopening

(Sharecast News) - Fuller, Smith & Turner announced on Wednesday that it was looking to raise around £53m in a share placing to help with the reopening of its pubs in April, as it said full-year revenues are expected to be down 80% on the year.

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3 Mar 2021 15:34

Wetherspoon rises but Sunak disappoints on pub support

(Sharecast News) - Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK's pubs in his budget.

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26 Feb 2021 17:14

EXECUTIVE CHANGES: Marlowe Poaches From Fullers; RM Promotes To CEO

EXECUTIVE CHANGES: Marlowe Poaches From Fullers; RM Promotes To CEO

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26 Feb 2021 08:47

Fullers FD Adam Councell to step down, take up job at Marlowe

(Sharecast News) - Pub and hotels group Fuller, Smith & Turner said on Friday that Adam Councell plans to step down as finance director.

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22 Feb 2021 10:52

SMALL-CAP WINNERS & LOSERS: Hollywood Bowl Up Before UK Curbs Roadmap

SMALL-CAP WINNERS & LOSERS: Hollywood Bowl Up Before UK Curbs Roadmap

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22 Feb 2021 09:44

BROKER RATINGS: Bank Of America Says Buy Aviva; Peel Cuts Fuller's

BROKER RATINGS: Bank Of America Says Buy Aviva; Peel Cuts Fuller's

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16 Feb 2021 09:40

Virgin Wines Plans March AIM Float Amid At-Home Wine Buying Surge

Virgin Wines Plans March AIM Float Amid At-Home Wine Buying Surge

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10 Feb 2021 12:14

LONDON MARKET MIDDAY: Miners Rise, Builders Fall; Pound Mounts USD1.38

LONDON MARKET MIDDAY: Miners Rise, Builders Fall; Pound Mounts USD1.38

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10 Feb 2021 10:30

SMALL-CAP WINNERS & LOSERS: Fuller's Down As Heineken Plans Job Cuts

SMALL-CAP WINNERS & LOSERS: Fuller's Down As Heineken Plans Job Cuts

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26 Nov 2020 16:53

LONDON MARKET CLOSE: FTSE Trails Peers Amid Thanksgiving Profit Taking

LONDON MARKET CLOSE: FTSE Trails Peers Amid Thanksgiving Profit Taking

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26 Nov 2020 12:35

REFILE-UPDATE 3-UK pub operators cut jobs as swing to losses on lockdowns

(fixes typo in story identifier)* M&B posts annual pretax loss of 32 mln stg* Fuller's H1 loss 22.2 mln STG* M&B to cut 1,300 jobs, Fuller's says total employees down 20%By Yadarisa ShabongNov 26 (Reuters) - British pub operators Mitchells & Butlers...

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26 Nov 2020 12:35

UPDATE 3-UK pub operators cut jobs as swing to losses on lockdowns

* M&B posts annual pretax loss of 32 mln stg* Fuller's H1 loss 22.2 mln STG* M&B to cut 1,300 jobs, Fuller's says total employees down 20% (Adds comments from British Beer & Pub Association, updates shares)By Yadarisa ShabongNov 26 (Reuters) - Bri...

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26 Nov 2020 12:01

Fuller, Smith & Turner Half-Year Battered By Pandemic Restrictions

Fuller, Smith & Turner Half-Year Battered By Pandemic Restrictions

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26 Nov 2020 09:53

UPDATE 2-European shares move little as focus turns to economic damage from COVID

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* UK to face tough post-lockdown restrictions* British pubs cut jobs as losses widen* French, German consumer confidence fall in November* Av...

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