Fuller, Smith & Turner, the premium pub operator, today issued a trading statement in which it said that business during the last nine months has been “strong”.
Its Managed Pubs and Hotels division grew revenues by 5% during the 43 weeks to 23 January 2016, while like-for-like profits in its Tenanted Inns division rose by 3%.
Chief executive, Simon Emeny, said: “I am pleased to be reporting further strong trading. A good performance throughout the year has been boosted by another successful Christmas.
“Our long term strategy of providing freshly-cooked food, engaging service and an excellent portfolio of premium brands, supported by investment in our pubs to create stylish environments for our customers, continues to deliver consistently good results.”
Fuller’s runs 190 Managed Pubs and Hotels and 202 Tenanted pubs. The company also has 649 boutique bedrooms in its Managed estate. Two years ago it acquired a 51% stake in The Stable, a craft cider and gourmet pizza restaurant business. The Stable has 13 sites in the South and South West of England.