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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: 670.00
Bid: 666.00
Ask: 674.00
Change: -8.00 (-1.18%)
Spread: 8.00 (1.201%)
Open: 670.00
High: 674.00
Low: 668.00
Prev. Close: 678.00
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UK TRADING UPDATE SUMMARY: Fuller Smith & Turner Gets GBP100 Million

Mon, 01st Jun 2020 11:16

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Monday and not separately reported by Alliance News:

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Fuller Smith & Turner PLC - pubs - To issue commercial paper under Covid Corporate Financing facility for initial sum of GBP100 million, allowing GBP155 million revolving credit facility to remain undrawn. Placed 96% of employees on furlough, while executives and board members volunteered for pay reduction.

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Arricano Real Estate PLC - property - All five shopping centres in Ukraine open with effect on Saturday last week, as restrictions by local authorities on access to shopping centres lifted. However, food courts, cinema and entertainment centres will remain closed.

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Topps Tiles PLC - tile retail - To sale and leaseback head office in Enderby, Leicester, to UK Warehouse Properties Ltd for GBP18.1 million. Proceeds expected to strengthen group's financial position in the face of the Covid-19 crisis.

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Mattioli Woods PLC - wealth management - Annual revenue to be ahead of GBP58.5 million reported the year before. Profit to be ahead of management expectations. Directors to take 50% reduction in salaries and fees until end of June, while chief executive officer takes no salary at all. Group in strong financial position following the acquisition of Hurley Partners in March.

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Motif Bio PLC - cash shell - Remains in negotiations with several reverse takeover candidates in the healthcare sector, as the pandemic creates new opportunities for healthcare firms.

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CloudCall Group PLC - communications - Expects to have enough cash to fund it through period of macroeconomic uncertainty. Continues to report ongoing challenges within the broader marketplace, which has near-term impact on the sales pipeline. Year-to-date sales bookings from new customers 28% less than same period the year before.

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Zoetic International PLC - cannabidiol - Signs distribution agreement with partner BettermentRS to market tobacco-alternative Chill products to its network of outlets. Rollout of Chill brand delayed by pandemic, as many retail outlets closed on lockdown restrictions.

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MJ Hudson Group PLC - asset management - Reports strong sales activity and levels of client work during lockdown period. Confident in achieving profit for year ending June 30 in line with market expectations, despite revenue disruption due to the lack of new fund launch activity.

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Marshall Motor Holdings PLC - cars - Trading significantly ahead of UK market in first quarter of 2020. As lockdown eases, group gradually expanded its offering of aftersales services, with initial demand encouraging. Furloughed 90% of employees during lockdown period as many stores closed. To post a pretax loss for the first half of 2020.

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Braveheart Investment Group PLC - investments - Subsidiary Paraytec Ltd to launch project with University of Sheffield to develop a rapid test for Covid-19 test, which will utilise highly sensitive light-based detection system coupled with a molecular "affinity" device to capture Covid-19 virus particles. Paraytec to own all foreground intellectual property generated by the project.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
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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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

Read more

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