Fuller,Smith &Turner Trading Statement
January 28 2016 - 1:00AM
UK Regulatory
TIDMFSTA
28 January 2016
FULLER, SMITH & TURNER P.L.C.
Trading Update for the 43 weeks to 23 January 2016
Fuller, Smith & Turner P.L.C. ("Fuller's" or "the Company"), the London brewer
and premium pub company, today announces its trading update for the 43 weeks to
23 January 2016 ("the period").
The Company saw a strong performance in its Managed Pubs and Hotels, where like
for like sales over the period rose by 5.3%, while like for like profits in the
Tenanted Inns division rose by 3%. Total beer and cider volumes in the Fuller's
Beer Company decreased by 1%.
Simon Emeny, Chief Executive, commented: "I am pleased to be reporting further
strong trading. A good performance throughout the year has been boosted by
another successful Christmas.
"Our long term strategy of providing freshly-cooked food, engaging service and
an excellent portfolio of premium brands, supported by investment in our pubs
to create stylish environments for our customers, continues to deliver
consistently good results.
"I believe we are in a good position as we progress through the last quarter
and I look forward to updating the market on 10 June 2016, when we announce the
Company's preliminary results for the 52 weeks to 26 March 2016."
-Ends-
For further information, please contact:
Fuller, Smith & Turner P.L.C.
Simon Emeny, Chief Executive 020 8996 2000
James Douglas, Finance Director 020 8996 2000
Georgina Wald, Corporate Communications Manager 020 8996 2198 / 07831
299801
Instinctif Partners
Justine Warren 07785 555692
Notes to Editors:
Fuller, Smith and Turner P.L.C. is an independent traditional family brewer
founded in 1845 and is based at the historic Griffin Brewery in Chiswick,
London, where brewing has taken place continuously since 1654. The Company runs
190 Managed Pubs and Hotels and 202 Tenanted pubs, with a focus on outstanding
cask ale, great wine, exemplary service and delicious fresh, home-cooked food.
The Company also has 649 boutique bedrooms in its Managed estate. The Fuller's
pub estate stretches from Brighton to Birmingham and from Portishead to the
Greenwich Peninsula, including 172 locations within the M25. In 2014, Fuller's
acquired a 51% stake in The Stable, a craft cider and gourmet pizza restaurant
business. The Stable has 13 sites in the South and South West of England.
The Fuller's Beer Company brews a portfolio of premium beers including London
Pride, ESB, Organic Honey Dew and Frontier Craft Lager. In June 2013, the
Company acquired Cornish Orchards, a craft cider maker producing a range of
award-winning ciders and premium soft drinks. Fuller's is also the UK
distributor for Sierra Nevada, the premier US craft beer.
Copies of this statement will be available on the Company's website,
www.fullers.co.uk, in the Investors section.
Photography is available from the Fuller's Press Office on 020 8996 2175 or by
email at pr@fullers.co.uk.
END
(END) Dow Jones Newswires
January 28, 2016 02:00 ET (07:00 GMT)
Fuller Smith & Turner (LSE:FSTA)
Historical Stock Chart
From Apr 2024 to May 2024
Fuller Smith & Turner (LSE:FSTA)
Historical Stock Chart
From May 2023 to May 2024