Fuller’s reports ‘very good’ start to the year

Fuller's like-for-like sales were up by more than 5% in its managed and its tenanted pubs
Industry
27/07/2017 - 07:15
Brewery company Fuller’s has reported like-for-like sales were up 6.6% in its managed pubs and hotels in what it says has been a very good start to the year.

The report which covers the 16 weeks to 22 July, showed that like-for-like profits in its tenanted inns were up by 5%, the same increase in total beer and cider volumes in the Fuller’s Beer Company.

Despite the positive results, chief executive Simon Emeny called on the government to consider the needs of the pub sector in its Brexit negotiations.

He said: “We are very pleased with the new trading year so far and remain on course, despite the previously noted cost headwinds that are buffeting our industry including increased business rates, the impact of the national living wage and the introduction of the apprenticeship levy.

“We have a world leading hospitality sector in the UK and we urge the government to consider our needs as it negotiates the country’s exit from the European Union.

“One in ten new jobs created is in a pub, bar or restaurant and non-UK workers are an essential element in delivering the one billion meals that are served in pubs alone every year.”

Fuller's Brewery (Fuller, Smith & Turner plc) owns and operates over 380 pubs, inns and hotels across London and the south of England.

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