REG-Fuller, Smith & Turner PLC Fuller, Smith & Turner PLC: Trading Update for the 42 weeks to 20 January 2024

Fuller Smith & TurnerAnnouncement

25/01/2024 07:15

============

   Fuller, Smith & Turner PLC (FSTA)
   Fuller, Smith & Turner PLC: Trading Update for the 42 weeks to 20 January
   2024

   25-Jan-2024 / 07:00 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

   25 January 2024

                                        

                         FULLER, SMITH & TURNER P.L.C.

                                 Trading Update

                          42 weeks to 20 January 2024

    

   Fuller, Smith & Turner P.L.C. (“Fuller’s” or “the Company”), the premium
   pubs and hotels business, provides the following trading statement for the
   42 weeks to 20 January 2024 (“the period”).

    

   Sales for the five week Christmas and New Year period were particularly
   strong, up 21.6% against the same period last year, driven by a great
   performance from our pub and hotel teams.

    

   This strong festive trading further builds on the positive momentum
   experienced across the business over recent months, which has delivered
   like for like sales growth of 11.5% for the 42 weeks to 20 January 2024.

    

   Chief Executive Simon Emeny said: “I am delighted to see the business
   continue to deliver strong sales growth. It is testament to the hard work,
   dedication and energy of our amazing team members who pulled out all the
   stops to ensure our customers had a brilliant Christmas and New Year.

    

   “The business is in great shape. While we continue to see the impact of a
   challenging economic environment, we are positive about the future and
   confident of meeting market expectations for the full year.

    

   “Looking forward, while we face significant rises in the National Living
   Wage and Business Rates, we have exciting plans in place to grow the
   business. These include a number of high profile, trade-enhancing
   investment schemes in our existing estate, which will ensure we continue
   to build on our current momentum.

    

   “We will next update the market on 13 June 2024, when we announce the
   Company’s full year results for the 52 weeks to 30 March 2024.”

    

                                      End 

    

   For further information, please contact:

    

   Fuller, Smith & Turner P.LC.

   Simon Emeny, Chief Executive           020 8996 2000
   Neil Smith, Finance Director           020 8996 2000
   Georgina Wald, Corporate Comms Manager 020 8996 2198 / 07831 299801

    

   Instinctif Partners

   Justine Warren 020 7457 2020

    

    

   Notes to Editors:

   Fuller, Smith & Turner PLC is the premium pubs and hotels business that is
   famous for beautiful and inviting pubs with delicious fresh food, a
   vibrant and interesting range of drinks, and engaging service from
   passionate people. Our purpose in life is to create experiences that
   nourish the soul. Fuller’s has 182 managed businesses, with 1,015 boutique
   bedrooms, and 188 Tenanted Inns. The Fuller’s pub estate stretches from
   Brighton to Birmingham and from Bristol to the Greenwich Peninsula,
   including 163 locations within the M25. Our Managed Pubs and Hotels
   include Cotswold Inns & Hotels – seven stunning hotels in the Cotswolds,
   and Bel & The Dragon – six exquisite modern English inns located in the
   Home Counties. In summary, Fuller’s is the home of great pubs, outstanding
   hospitality and passionate people, where everyone is welcome and leaves
   that little bit happier than they arrived.

    

   ══════════════════════════════════════════════════════════════════════════

   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           GB00B1YPC344
   Category Code:  TST
   TIDM:           FSTA
   LEI Code:       213800C7ACOFMRCQQW76
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   299507
   EQS News ID:    1822415


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    1 fncls.ssp?fn=show_t_gif&application_id=1822415&application_name=news&site_id=reuters8

References

   Visible links


============