Fuller's enjoys 'record' year

By Carina Perkins contact

- Last updated on GMT

Related tags: Public house, Investment

Fuller's enjoyed strong growth in food and accommodation sales
Fuller's enjoyed strong growth in food and accommodation sales
Fuller’s has enjoyed a ‘record year’, with profits up 10 per cent on the back of strong growth in food and accommodation business.

In the 52 weeks ended 29 March 2014, the brewer and pub company saw adjusted profit before tax soar 10 per cent to £34.1 million, with revenues up 6 per cent to £288.0 million.

 Managed Pubs and Hotels recorded sales growth of 8.3 per cent, with both food and accommodation sales up 10.4 per cent. Beer and cider volumes rose a more modest 1 per cent.

Fuller’s recently acquired three new freehold sites and opened a London’s Pride at Heathrow’s Terminal 2. The company’s chief executive Simon Emeny said it had plans for further investment across its business this year.

 “Approaching the end of my first full year as chief executive, I am pleased to report that Fuller’s has had another very strong year,” he said.

“As a company, we know our strength is in operating at the premium end of the market and we have a clear vision of where we are going and how we will get there.”

Related topics: Business, Pubs & Bars

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