Company
Fuller Smith & Turner PLC
LON:FSTA
Fuller, Smith & Turner PLC's mission is to be the benchmark in retailing and brewing, delivering quality, service and pride in everything we do. Fuller, Smith & Turner is traded in the ISDX Exchange HERE
85 stories
Pub Christmas meals may be sold at a loss after ingredient prices surge
“If you say it's £35 for a three-course meal and the price of turkey and smoke salmon goes through the roof, you’re stuck having to honour that price.”
Fuller’s hopes for boost from World Cup and Christmas but cautions on impact of tougher trading climate
"While we look forward to our first Christmas free of restrictions for three years, and the added bonus of a FIFA World Cup, we are trading in an increasingly challenging environment," said chief executive Simon Emeny
Fuller's sees surge in energy costs just as sales start to recover from pandemic
“Businesses across the hospitality sector are experiencing unsustainable increases in energy costs," said Fullers CEO Simon Emeny
Fuller says sales bounce back to pre-pandemic levels
"Our premium offer and effective supply chain management provide a degree of protection,” chief executive Simon Emeny said
Fuller, Smith & Turner welcomes 'gradual return of workers to the City'
The company announced a new valuation of the total property portfolio at £995.6mln, which is roughly £400mln above the current book value
Fuller, Smith & Turner mourns cancellation of office parties at Christmas
Not surprisingly, Fuller's welcomed the government's decision to lift Covid-10 restrictions.
Fuller Smith & Turner desperate for 19 July reopening
"Trading with social distancing is like trading with one arm behind your back”
Chain pubs, restaurants sales only down 24% in first week of reopening despite outdoor-only rule
However, only 39% of venues were open for on-site dining and drinking during the period
Fullers plans fundraising to boost balance sheet ahead of reopening
The publican said it is aiming to place up to 6.5mln new ‘A’ shares at a price of 830p each to ensure it is “as well positioned as possible to reopen strongly once trading restrictions are lifted”
Fuller, Smith & Turner downgraded by Peel Hunt following share price surge
The broker also forecast that for its interim results, due on November 26, the publican will report revenues of £50mln and an adjusted pre-tax loss of £21mln, reflecting the impact of the first national UK lockdown
Fuller's opts for cautious reopening schedule on 'Super Saturday', delays results release again
The publican said it will open only 27 of its pubs tomorrow, although it expects 80% of its managed pubs and hotels to have reopened by the end of July
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FTSE 100 loses Thursday's gains to close firmly in red as US virus fears swirl
Lacking the usual lead from US markets, which are closed today, the Footsie closed firmly lower on Friday
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Quiet Friday marked by final results from publican and brewer Fuller, Smith & Turner
Fuller's is the only firm scheduled to report results the day before Britain's pubs will be able to reopen their doors
Fuller, Smith & Turner suspends dividend and furloughs ‘vast majority’ of staff as pandemic keeps pubs shut
The publican has also cancelled all commercial rent payments for its pub tenants while its CEO and other board members have taken a 25% pay cut
Fuller, Smith & Turner warns of ‘material reduction’ in trading as coronavirus forces closure of all pubs
Last Friday, the UK government ordered all pubs and restaurants to close their doors until further notice in a bid to reduce the spread of the virus
Fuller, Smith & Turner manages to hold onto profits as transformation continues
The results for the publican's half-year did not include a £164.5mln of profit the company made from the sale of its beer business to Japan’s Asahi which was announced in January
Peel Hunt downgrades Fuller, Smith & Turner after profit warning
The broker slashed its 2020 profit forecast by 26% to £31.3mln and chopped their target price for Fuller's to 950p from 1,200p
Fuller, Smith and Turner struggles to organise a booze-up in a brewery
The pubs and hotels group wanred costs associated with selling part of Britain's brewing heritage to a Japanese brewing group had been higher than expected
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FTSE 100 closes in red Thursday as ECB update underwhelms
There were mixed messages in Mario Draghi's update on Thursday
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Day ahead preview: Unilever, National Express, Diageo, ECB
With a slew of corporate earnings and the European Central Bank's policy decision, Thursday will be a busy day of news
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ITV investors hope for Love Island boost amid tough ad market
The week ahead includes updates from ITV, Unilever, Rightmove, Diageo, Marston's, IG Group, National Express, GSK and AstraZeneca
JD Wetherspoon’s run of record of profits set to come to an end despite sales surge
As investors have come to expect, sales are once again well up at the pubs group, but soaring costs mean annual profits will likely fall below what was achieved last year
Stifel thinks pub and restaurant equity performance will be driven by companies’ ability to “flex balance sheets”
The US investment bank's analysts said: “We are social animals and eating and drinking out of the home has proved resilient to whatever the economic and political backdrop presents"
City broker likes the look of Fuller's ‘transformative’ £250mln sale of its brewing business
Earlier on Friday, Fuller’s confirmed it had reached a deal with Japanese giant Asahi to sell off its brewing division, which includes the London Pride and Cornish Orchards brands
Investments and investor services
Rurelec in favour after it pays down its temporary loan by £200,000
A look at the day's major movers, including PetroNeft, RTC Group, Hydrogen, Lekoil, Oracle Power, Fuller's and Mountfield.
City toasts Fuller’s as it confirms £250mln sale of brewing business to Asahi
“Brewing has formed an integral part of our history and brand identity, however, the core of Fuller’s and the driver of our future growth is now our premium pubs and hotels business”
Fuller’s makes most of hot weather and World Cup as first-half revenue climbs by £13mln
But profits were held back by heavy investment into the business as it the pubs group gears up for the busy Christmas trading period when pubs can make some serious dough
Investments and investor services
FTSE 100 closes in the red as oil price slide weighs on resource stocks
The UK blue-chip benchmark closed down around seven points at 6,952
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Fuller's to be toast of the city on Black Friday
Fullers aside, it looks set to be another quiet Friday in London, with most of the City out bagging some deals in the Black Friday sales
Forget gastropubs, ‘wet-led’ pubs are back on top once again
The latest industry data has shown that drink sales are still growing much more quickly than those of food
Fuller, Smith & Turner looking for new finance director with James Douglas to step down in December
The London brewer and premium pub company said Douglas and his family are moving to Germany, where his wife, Dr Anke Hoeffler, has been awarded a prestigious Humboldt Professorship
Fuller's makes good start to current year benefitting from prolonged summer weather, England’s World Cup performance
The brewer and premium pub company said like-for-like sales in its Managed Pubs and Hotels rose 4.0%, which was particularly pleasing against a strong comparative of 6.6% for the same period in the prior year
FTSE 100 closes firmly higher with miners taking the top spots
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
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Investors looking for some thirst quenchers from Britvic, Fevertree, and Fuller's
Aside from the soft drinks firms and brewer, the day ahead on Tuesday includes updates from blue-chip real estate firm Hammerson and student acommodation group Unite
Fuller's looks to craft to pep up beer sales
A good performance from its tenanted and managed outlets also kept profits moving forward in the year to March
FTSE 100 closes lower on day and week after lacklustre trading; miners weigh
Footsie closed out down around 23 points at 7,681 and was also down on the week as a whole, off around 0.26%
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Fuller’s to bring some fizz to a quiet Friday
It’s the scrag-end of the scrag-end of the corporate reporting season, so there’s not too much to for investors to get excited about
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It's the scrag-end of the corporate reporting season, but an update from WH Smith could excite
Aside from a trading update from WH Smith, the Week Ahead will also bring full-year results from the likes of AO World, CMC Markets, Auto Trader, and MITIE Group
Investments and investor services
IGas Energy advances as Cuadrilla achieves major milestone
A look at some of the biggest risers and fallers in London on Tuesday
Investments and investor services
FTSE 100 closes in red as traders still jittery about macro issues
The pound is up 0.36% against the Euro at the time of writing, while it is up 0.07% against the US dollar
Investments and investor services
FTSE 100 closes lower as Euro gains ground
Britain's blue-chip benchmark finished around 27 points lower at 7,615.
Investors to look for clarity on Fox takeover in Sky’s trading update on Thursday
The proposed £11.7bn takeover of Sky from Fox is all becoming a bit messy, so investors will be hoping the UK broadcaster can shed some light on whether a takeover from anyone is likely
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Margin improvements the focus for interims from drinks group Diageo in coming week
Week ahead includes updates from Diageo PLC, easyJet PLC, Dixons Carphone PLC, ASOS PLC, Sky PLC, JD Wetherspoon PLC, plus UK labour market and GDP data
Fuller’s shares fall flat as concerns over margin pressures and tricky trading conditions overshadow rise in first-half profits
Half-year profits ticked 4% higher to £23.8mln, but the markets were more concerned about the challenging outlook
FTSE 100 close down as sterling firms and retailers disappoint
Around 3.10pm, the FTSE 100 index was down about 6 points at 7,411, below the day’s peak of 7,425.19, but above the low of 7,389.54
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Fullers’ full-year numbers set to bring some fizz to a flat Friday in London
With little news due from London’s listed companies, at least there are always the Black Friday sales to keep investors occupied
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Week ahead: UK Budget, EasyJet, Kingfisher, Mothercare, William Hill, United Utilities
The week ahead centres on the Autumn Budget but also sees updates from EasyJet, William Hill, Kingfisher, United Utilities, Mothercare and Fuller Smith & Turner
Food and hotel rooms drive growth at Fuller’s, but pub chain warns on industry headwinds
Improved food and accommodation sales more than offset a surprising fall in beer and cider sales
FTSE 100 rises as May's new government is DUPed
Despite the worst case scenario in the General Election, the FTSE 100 rose strongly
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UK general election: When will we know the result and what impact will it have on markets?
The Conservatives are widely expected to increase their majority in the House of Commons in the general election
Week Ahead: Royal Mail needs to deliver pre-Christmas surprise
Elsewhere, Crest Nicholson, Barratt Developments, easyJet, Vodafone, TalkTalk and others will all report to the market in one form or another
Perk up your portfolio
A light hearted look at shareholder perks that are available. Great news for beer swilling clothes horses in need of a telephone line rental.
Friday's agenda: Spectris faces uphill battle to meet expectations
Spectris - licensed to disappoint? Broker Numis thinks it is a possibility.
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Week ahead: Dixons Carphone tipped to maintain positive LFL sales growth
We're a bit light on scheduled reports from multi-national leviathans this week, but some well-known national names - such as Dixons, Halfords and Bellway - are expected to report.