Like for like sales rise at Fuller’s pub group

30th January 2012, 9:49am

Fuller, Smith & Turner has traded well during the 42 weeks to 21 January, with like for like sales in managed pubs and hotels up 5.1%, according to its latest financial statement.

The pub group has also experienced a sales growth for the 42 weeks of 4.1%. Like for like profits in the tenanted inns division increased 1% and own beer volumes for the Fuller's beer company grew 1% for the 42 week period.

And Fuller's once again enjoyed a strong Christmas, with over 40 managed pubs having record weeks. Trade has also been good in January, but like for like performance in these nine weeks versus prior year has been boosted by the snow in the previous year.

Chairman Michael Turner commented: "The Company has traded well since we last reported and we have had another strong Christmas. We have now completed or exchanged on 14 acquisitions so far this financial year which gives us good momentum going into a summer of sport and celebration that should lift the national mood.

"2012 is finally here and with the world's attention focused on London, we at Fuller's, our capital city's only long-standing brewer, intend to showcase what is great about British Beer and Pubs."

Related Articles:

• 12 Mar 2012 - Fuller, Smith & Turner purchases pubs from Enterprise Inns
• 24 Oct 2011 - Fuller’s to add five new pubs to its growing estate
• 07 Feb 2011 - Fuller's pub company launches Front Row ale
• 28 Jan 2011 - Fuller's says its performance remains strong
• 06 Jan 2010 - Fuller's acquires Hampstead pub
• 14 Aug 2009 - Fuller's celebrate sale of first 1,000 barrels
• 15 Jan 2009 - Fuller's buys three London pubs

Click here to submit a comment!

Have your say!

To comment on this article, simply enter your name and email and send us your views. Please note that your comment will appear publicly below this article once it has been processed. For enquiries please email info@eatoutmagazine.co.uk.