• Fuller’s reports 17% profit increase

Pub and hotel group Fuller, Smith & Turner, which has 366 pubs and six hotels across the south of England, announced profit before tax of £26.6m, excluding one-off items, in the year to 27 March 2010. This is an increase of 17%.

Managed pubs and hotels like for like sales grew by 2.7% in the same period.

Michael Turner, Fuller’s chairman said in a press release: "We have made a solid start to the new financial year with like for like sales in our managed pubs and hotels growing by 3.5% for the 10 weeks to 5 June 2010."

See the press release here: http://www.fullers.co.uk/content/page/2749/Press release words and numbers MARCH 2010 YE FINAL.pdf   

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