Fuller’s Toasts Sales and Profits Leap as Chairman of 18 Years Bows Out
- Fuller, Smith & Turner reported a 32% increase in underlying pre-tax profits to £27 million for the year ending March 29, 2025, alongside a 5.2% rise in like-for-like sales, despite market challenges.
- Michael Turner, chairman for 18 years, will retire at the annual general meeting in July and be succeeded by Simon Emeny.
- The company raised the price of beer by about 15p due to £8 million in additional staff costs linked to tax increases.
- The British Beer and Pub Association stated the average pint price in the UK is expected to rise by about 21p due to cost hikes in the sector.
10 Articles
10 Articles
Fuller’s reports impressive share earnings - Beer Today
Pub company Fuller’s saw like-for-like drinks sales increase by 5.3% in the 52 weeks to 29th March. Some £28m was invested in the company’s estate. Revenue was up 4.8% to £376.3m, with adjusted profit before tax increasing 32% to £27m. A new share buyback programme commenced in March, with the intention of acquiring up to one million ‘A’ shares, further enhancing shareholder returns. In addition, the company has agreed a new £185m bank facility …
Fullers hails ‘excellent performance’ across estate as profits jump 32%
Fullers has revealed that its adjusted profit-before-tax has risen 32% to £27m for the year ended 29 March 2025, up from £20.5m in the previous year. The increase in profits comes alongside a 4.8% revenue increase to £376.3m, up from £359.1m in the previous year, driven by “excellent performance” across its estate. In the period, Fullers saw its food like-for-like sales increase 4.8% while its drink like-for-like sales increased by 5.3% and its …
Fuller’s Reports Robust Revenue and Profit Growth in Latest Financial Results - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants
Share Post Share Email Pub and hospitality operator Fuller’s has reported a strong set of full-year results, reflecting steady growth across its portfolio of venues in London and the South East. Covering the 52 weeks to 29 March 2025, the company has demonstrated a resilient performance, despite ongoing industry challenges. Turnover for the year climbed by 4.8%, reaching £376.3 million, compared to £359.1 milli…
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