Last checked at 28 Jan 2016 07:00
FULLER SMITH & TURNER PLC - Trading StatementFULLER SMITH & TURNER PLC - Trading Statement
PR Newswire
London, January 27
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.