Fuller’s half-year results show growth, acquisitions and strong sales
Fuller, Smith and Turner reported revenue of £220.9m for the 26 weeks to 26 September, up from £207.5m in the same period a year earlier. Adjusted profit before tax rose 25% to £28.2m, with statutory PBT at £28.5m. Like-for-like sales in managed pubs and hotels climbed 6.1%, beating the market by around 3%. The group also announced the acquisition of 12 new pubs and invested £14.2m in its existing estate. Looking ahead, like-for-like sales for the first 32 weeks of the year to 7 November are up 5.8%, and Christmas bookings are 16% ahead of last year. The company now expects adjusted PBT for full year 2027 to be ahead of current market expectations. Executive chairman Simon Emeny said the results reflect momentum and strong execution across the business, helped by the summer weather and the World Cup. Source: Beer Today
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