Fuller,Smith &Turner Trading Statement
25 Januar 2018 - 8:00AM
UK Regulatory
TIDMFSTA
25 January 2018
FULLER, SMITH & TURNER P.L.C.
Trading Update for the 42 weeks to 20 January 2018
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 42 weeks to
20 January 2018 ("the period").
The Company has delivered a solid performance over the period, with like for
like sales in its Managed Pubs and Hotels rising 3.0%, like for like profits in
Tenanted Inns rising 2% and level total beer and cider volumes in The Fuller's
Beer Company. The additional (53rd) week in our previous financial year has
moved the comparative period by one week in the calendar. For much of the year
this has little effect, but it does impact reporting spanning the festive
season and early January. Adjusting for this to align calendar dates, our
like-for-like sales growth would have been +3.6% after week 33 and +3.4% after
week 42.
Simon Emeny, Chief Executive, said: "These are a good set of figures in what
remains a challenging trading environment. They prove that a great experience
in a stunning pub with excellent service, delicious food and a fantastic range
of interesting drinks, continues to appeal to our customers.
"Our long-term vision and prudent financing keep us well-placed to maintain our
strategy of investing in our pubs, our portfolio of premium beer and cider
brands, our people and our marketing. We will next update the market on 8 June
2018, when we announce the Company's full year results for the 52 weeks to 31
March 2018."
-Ends-
For further information, please contact:
Fuller, Smith & Turner P.LC.
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
020 7457 2020
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
179 Tenanted Inns and 199 Managed Pubs and Hotels, with a focus on delicious
fresh, home-cooked food, outstanding cask and craft ale, great wine and
exceptional service. The Company also has 724 boutique bedrooms in its Managed
estate. The Fuller's pub estate stretches from Brighton to Birmingham and from
Bristol to the Greenwich Peninsula, including 170 locations within the M25.
Fuller's owns a 76% stake in The Stable, a craft cider and gourmet pizza
restaurant business, which has 17 sites in England and Wales.
The Fuller's Beer Company brews a portfolio of premium beers including London
Pride, Oliver's Island, ESB, Organic Honey Dew and Frontier Craft Lager. The
Company owns 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. In December 2015,
Fuller's acquired a 51% stake in Nectar Imports, a wholesale drinks business.
END
(END) Dow Jones Newswires
January 25, 2018 02:00 ET (07:00 GMT)
Fuller Smith & Turner (LSE:FSTA)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Fuller Smith & Turner (LSE:FSTA)
Historical Stock Chart
Von Jul 2023 bis Jul 2024