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Brewer Fuller sees profits rise

BBC Published Jun 11, 2010 Reviewed Jul 2, 2026 ✓ Reviewed by citations.press editors

Fuller, Smith & Turner’s sales of its own beer rose by 2%.

2 percent · sales of its own beer

Chairman Michael Turner reported like-for-like sales in managed pubs and hotels grew by 3.5% over the 10 weeks to 5 June 2010.

3.5 percent · like-for-like sales in managed pubs and hotels10 weeks · time period

Chairman Michael Turner stated own beer volumes were level with last year for the same 10-week period.

Fuller, Smith & Turner reported a 17% rise in annual profits.

17 % · annual profits Fuller, Smith & Turner, company

Fuller, Smith & Turner reported adjusted pre‑tax profits of £26.6m for the year to 27 March 2010.

26.6 m · pre‑tax profits Fuller, Smith & Turner, company

Fuller, Smith & Turner reported revenues of £227.7m, a 8% increase for the year to 27 March 2010.

8 % · revenues227.7 m · revenues Fuller, Smith & Turner, company

Fuller, Smith & Turner reported a 2% rise in sales of its own beer for the year to 27 March 2010.

2 % · own beer sales Fuller, Smith & Turner, company

Fuller, Smith & Turner’s like‑for‑like sales in managed pubs and hotels grew 3.5% over the 10 weeks to 5 June 2010.

3.5 % · like‑for‑like sales in managed pubs and hotels Michael Turner, chairman

Brewer and pub operator Fuller, Smith & Turner says it has made "outstanding progress" after reporting a 17% rise in annual profits.

Adjusted pre-tax profits were £26.6m for the year to 27 March.

Revenues climbed 8% to £227.7m. Sales of its own beer rose 2% and were "particularly pleasing", Fuller said.

The Chiswick-based group fared better in the recession than many rivals as consumers in the Greater London area proved more economically resilient.

"We have made a solid start to the new financial year with like-for-like sales in our managed pubs and hotels growing by 3.5% for the 10 weeks to 5 June 2010," chairman Michael Turner said.

"For the same period own beer volumes are level with last year, with weakness in the UK On Trade market offset by continued growth elsewhere, particularly exports."

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