Fuller's boosts quarterly sales by 2.7%

23 July 2008 by
Fuller's boosts quarterly sales by 2.7%

Fuller, Smith & Turner, the brewer and pub operator, today said it put in a solid performance in the last three months, despite the pressures of inflation and the squeeze on customer spend raising sales in its managed pubs.

The London-based firm said it had increased sales by 2.7% in the 16 weeks to 19 July, while its beer volumes also grew, despite the wider fall in beer sales across the on-trade.

Fuller's has 203 tenanted and 157 managed pubs in London and the south-east. It gave no update on the performance of its tenanted business.

It warned that its future remained dependant on the confidence of the UK consumer and any inflationary impact on its operating costs, including utilities, food and staff.

Chairman Michael Turner said he was satisfied with the group's performance in "turbulent times for the UK economy".

Yesterday, rival Enterprise Inns said it had spent £3.5m supporting struggling licensees and predicted double digit falls in beer sales.

Rising energy costs could cost £1.2m, warn Fuller's >>

Enterprise dishes out £3.5m of support for struggling publicans >>

Under pressure pub industry needs support in 2008 >>

By Christopher Walton

E-mail your comments to Christopher Walton here.

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking