Fuller’s has updated on trading with a 5.3% rise in like for like sales at its managed pubs and hotels business in the 43 weeks to 23 January.
The figure is well ahead of the market as a whole, as measured by the Coffer Peach Business Tracker, and Fuller’s said it had had a good Christmas trading period. At the tenanted side of the business, like for like profits were up 3%—but beer and cider volumes were down 1%.
Chief executive Simon Emeny said: “I am pleased to be reporting further strong trading. A good performance throughout the year has been boosted by another successful Christmas. Our long-term strategy of providing freshly-cooked food, engaging service and an excellent portfolio of premium brands, supported by investment in our pubs to create stylish environments for our customers, continues to deliver consistently good results.”
Fuller’s will release its full preliminary results for its financial year to 26 March on 10 June.
