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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: 618.00
Bid: 616.00
Ask: 624.00
Change: 2.00 (0.32%)
Spread: 8.00 (1.299%)
Open: 628.00
High: 628.00
Low: 618.00
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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26 Nov 2020 07:58

CORRECTED-UPDATE 2-UK pub operators report losses, job cuts as lockdown pain builds

(Corrects lead and 2nd paragraph to accurately reflect Fuller's job cuts to about 350)* 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 2...

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26 Nov 2020 07:58

UPDATE 2-UK pub operators report losses, job cuts as lockdown pain builds

* 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 detail, peers, Fuller's CEO comment, shares)By Yadarisa ShabongNov 26 (Reuters) - British pub operators...

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26 Nov 2020 07:58

UPDATE 1-UK pub operators report losses, job cuts as lockdown pain builds

(Adds Fuller, Smith & Turner results, details and background)Nov 26 (Reuters) - British pub operators Mitchells & Butlers and Fuller, Smith & Turner posted financial losses on Thursday and said they had cut around 2,000 jobs as the hospitality sec...

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26 Nov 2020 07:43

Fuller Smith & Turner says workforce 20% lower as Covid hits profits

(Sharecast News) - UK pub company Fuller, Smith & Turner said staff levels were 20% lower since the start of the new financial year as it swung to an interim loss due to the coronavirus pandemic.

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19 Nov 2020 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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13 Nov 2020 09:39

UK BROKER RATINGS SUMMARY: Barclays Raises Whitbread To Overweight

UK BROKER RATINGS SUMMARY: Barclays Raises Whitbread To Overweight

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27 Oct 2020 09:34

UK BROKER RATINGS SUMMARY: Analysts Positive On The Hut Group

UK BROKER RATINGS SUMMARY: Analysts Positive On The Hut Group

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7 Oct 2020 17:10

UPDATE: 800 Jobs To Go As UK Chain Greene King Shuts Dozens Of Pubs

UPDATE: 800 Jobs To Go As UK Chain Greene King Shuts Dozens Of Pubs

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17 Sep 2020 15:01

DIRECTOR DEALINGS: Fuller, Smith & Turner Marketing Director Buys

DIRECTOR DEALINGS: Fuller, Smith & Turner Marketing Director Buys

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10 Sep 2020 19:27

IN BRIEF: Fuller's Sales Improving, Buoyed By UK Government Scheme

IN BRIEF: Fuller's Sales Improving, Buoyed By UK Government Scheme

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10 Sep 2020 09:08

Fuller Smith & Turner reopens over 90% of managed sites

(Sharecast News) - Pub landlord Fuller, Smith & Turner said on Thursday that over 90% of its managed sites were now open for business after being forced to shutter as a result of the Covid-19 pandemic.

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3 Sep 2020 16:06

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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2 Sep 2020 09:12

Domino's Pizza Names Smith Permanent CFO, Adds Two New Directors

Domino's Pizza Names Smith Permanent CFO, Adds Two New Directors

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21 Aug 2020 14:18

DIRECTOR DEALINGS: Fuller, Smith & Turner Directors Buy Shares

DIRECTOR DEALINGS: Fuller, Smith & Turner Directors Buy Shares

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13 Aug 2020 14:16

UPDATE 1-Bon appetit! UK incentives for diners push up sales

(Adds details and background)LONDON, Aug 13 (Reuters) - Food sales in British pubs and restaurants rose by nearly a third in the week that followed the launch of the government’s Eat Out to Help Out subsidy scheme, data consultancy firm CGA said o...

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