Glass half-full: Why Fuller’s chief remains optimistic despite strikes leaving a £4m dent in Christmas sales January 23, 2023 Pub chain Fuller’s lost £4m in sales due to the impact of strikes over Christmas and new year, as its chief warned of lower expectations for the full year. Chiswick-based Fuller, Smith and Turner reported in the 43 weeks to January that like-for-like sales were up a fifth on the Covid-impacted previous year – despite [...]
Fuller’s toasts return to profit amid ‘fragile’ consumer confidence June 9, 2022 Pub chain Fuller’s is back in the black after posting an adjusted profit before tax of £7.2m, as the licensed trade recovers from the pandemic. In results for the year to 26 March, the pub operator saw profit back in growth after posting a £48.7m loss in 2021, when Covid lockdowns enforced the closure of [...]
Fuller’s sales above pre-covid levels amid concern over ‘unsustainable rise’ in energy costs September 20, 2022 Pub chain Fuller’s brought its sales back above pre-pandemic levels but has warned the energy crisis could give it bills of £18m. The company announced its sales in the first half of the financial year were three per cent up on the pandemic, and 50 per cent up on the same period last year. However, [...]
Small pubs at risk of closure next year without business rates relief, Fuller’s boss warns November 13, 2023 The chief executive of Fuller’s, Simon Emeny, has said that an extension on business rates relief could be the difference between some small pub businesses handing back their keys next year or remaining open. Speaking to City A.M, ahead of the autumn budget next Wednesday, the frontman for the near 200 year old pub business, urged [...]
Fuller’s closes London pubs blaming ‘pitiful’ government support December 21, 2021 Pub chain Fuller's has been forced to close its busy London pubs 'indefinitely' blaming a lack of government support for the limping hospitality sector.
The City View: Metro Bank, Fuller’s and trouble for TfL November 18, 2021 In this edition of The City View, the daily podcast from City A.M., editor Andy Silvester talks to economics and markets correspondent Jack Barnett about Metro Bank, good news from pub group Fuller’s, and funding issues at TfL. Andy also touches bases with River & Mercantile’s Dan Hanbury on where opportunities lie in the UK [...]
Happy Hour: Fuller’s returns to profitability as pandemic restrictions ease November 18, 2021 Fuller, Smith & Turner (Fuller’s) is rebuilding its business following severe pandemic restrictions with profitable half-year results. The group has reported a healthy adjusted profit of £4.6m, after being down £22.2m during its first six months in last year’s results. Revenue has more than doubled, despite the pub operator suffering two months of pandemic restrictions [...]
Fuller’s hopeful the return of City workers will help pub sales hit pre-Covid levels January 27, 2022 Pub operator Fuller’s said it hopes its City pubs will see a boost to trade thanks to workers’ “strong desire” to get back to the office. In a trading update for the 43 weeks to 22 January 2022, the pub operator said it had been impacted by Omicron measures last month. As corporate Christmas parties [...]
M&C Saatchi drafts in former Reach and McColl’s veteran as new finance chief June 21, 2024 Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today.
Fuller’s looks to end of restrictions to drown sorrows after £60m loss July 8, 2021 Pub chain Fuller, Smith & Turner swung to a £60m loss across a 12 months in which its estate was shut for nearly three-quarters of the year due to the pandemic. The group reported a £59.2m loss for the last financial year, down from a profit of £166.2m the year before. It said that its [...]