Fuller Smith & Turner PLC (AIM:FSTA) saw sales jump 10.2% over the five-week Christmas period with a consistent performance across all parts of the estate said the south east-based pub and hotel chain.
As a result, sales for the 41 weeks of this so far are up by 5.9%, which is well ahead of the competition, it added
Simon Emeny, chief executive, said: “We have delivered great results throughout 2024, and this has been enhanced with a really strong Christmas.
“As we move into the last few months of this financial year, we continue to focus on delivering long-term returns as well as preparing for the year ahead.
“We also continue to invest in our estate – with a number of major projects planned for the final quarter of the current financial year, including a £4 million investment at The Chamberlain Hotel in the City of London, which is already underway.
“We are confident of meeting market expectations for the full year.
“While we will be facing fresh cost challenges in the new financial year – with increases in Employers’ National Insurance Contributions, National Living Wage and Business Rates – we are taking appropriate actions to manage the impact of these market challenges and remain confident and optimistic about the future for our business.
Fuller A shares rose 1.8% to 580p.