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Trading statements

Fuller's Xmas

28 January 2016 07:26

London brewer and premium pub company Fuller, Smith & Turner saw a strong performance in its managed pubs and hotels in the 43 weeks to 23 January.

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 Fullers Beer Company decreased by 1%.

Chief executive Simon Emeny said: 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 Companys preliminary results for the 52 weeks to 26 March 2016."

Story provided by StockMarketWire.com

Related Company: FSTA

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