Thursday broker round-up
12th Dec 2019 13:38
(Sharecast News) - Synthomer: JP Morgan upgrades to neutral with a target price of 300p.
Read moreFuller, Smith & Turner to buy Cotswolds Inns & Hotels for ?40m
23rd Oct 2019 11:22
(Sharecast News) - Pub group Fuller, Smith & Turner has agreed to buy Cotswolds Inns & Hotels for £40m.
Read morePub groups toast stronger sales as restaurants continue to struggle
11th Mar 2019 11:17
(Sharecast News) - Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.
Read morePeel Hunt ups Fuller's to 'buy' after beer business sale
25th Jan 2019 14:17
(Sharecast News) - Peel Hunt upgraded its recommendation on Fuller, Smith & Turner on Friday and lifted the price target to 1,250p from 1,150p after the company agreed to sell its entire 200-year old brewery business to Japan's Asahi for an enterprise value of £250m.
Read moreFuller's sells beer business to Japan's Asahi
25th Jan 2019 08:21
(Sharecast News) - London Pride is turning Japanese, as Fuller, Smith & Turner surprisingly decided to flog its entire 200-year old brewery business to Japan's Asahi.
Read moreFuller, Smith & Turner H1 profits dip on pre-Christmas investment
23rd Nov 2018 10:13
(Sharecast News) - Fuller, Smith & Turner reported a rise in first-half revenue but a dip in profits as it invested in its estate ahead of the busy Christmas period.
Read moreFuller, Smith & Turner FD James Douglas to step down
5th Sep 2018 09:28
(Sharecast News) - Brewer and pub group Fuller, Smith & Turner said on Wednesday that James Douglas has decided to step down as finance director and will retire from the board in December.
Read moreSpending on eating out remains resilient as inflation crunch looms
16th Feb 2017 10:33
(ShareCast News) - In the normally quiet month for the pubs and restaurant sector, sales data for January was positive overall and showed casual dining chains enjoying a continued recovery. Industry like-for-like sales grew 1.9% in January 2017 compared to 2016, according to the Coffer Peach Busi
Read moreRestaurants and pubs enjoy strong festive trading, Coffer Peach finds
19th Jan 2017 06:45
(ShareCast News) - UK pubs and restaurants enjoyed an equal uplift in trading over the Christmas and New Year period, as a bumper six weeks for London drove a second consecutive month's improvement. Data on the largest managed pub and restaurant groups over the six weeks to January 8 found a collect
Read morePubs and restaurants bounce led by London, Coffer Peach survey finds
15th Dec 2016 09:48
(ShareCast News) - London led a rebound for the eating and drinking out sector in November, with good growth in pub sales and a return to annual growth for restaurants, but it was a case of glass-half-full outside the capital. The Coffer Peach Business Tracker found November like-for-likes sales gre
Read moreFuller, Smith & Turner H1 revenue up 11%
18th Nov 2016 08:16
(ShareCast News) - Brewer Fuller, Smith & Turner posted a rise in first-half pre-tax profit as revenue grew, thanks in part to a strong performance in its managed pubs and hotels. In the 26 weeks to 24 September, adjusted pre-tax profit was up 6% to £22.8m on revenue of £197.6m, up 121% from the sam
Read morePubs outdo restaurants again in August, Coffer Peach data shows
15th Sep 2016 09:27
(ShareCast News) - UK large pub and restaurant groups enjoyed better sales in August as Britain took advantage of better weather to eat and drink out. There was a 0.6% increase in like-for-like (LFL) sales at managed pubs, bars and restaurants, up from 0.3% last month, according to the monthly Track
Read more'Casual dining' restaurants suffer but pubs bubble up, Coffer Peach finds
16th Jun 2016 08:10
(ShareCast News) - Trading at larger UK pubs and restaurant groups slowed even further in May, with like-for-like sales down 1.4% year-on-year as a hefty decline at casual dining chains outweighed a small improvement for pubs. These findings from the Coffer Peach Business Trackers were the bigge
Read moreFuller's down despite full-year growth
10th Jun 2016 09:47
(ShareCast News) - Shares in Fuller, Smith & Turner were down 3.26% in morning trading on Friday, after it reported positive growth for the last financial year but challenging conditions going into the current year. Adjusted profit before tax at the London-listed pubco rose 12% in the year to 26 Mar
Read moreFriday preview: Fuller Smith & Turner reports full year results
9th Jun 2016 12:50
(ShareCast News) - Pub operator Fuller Smith & Turner is expected to report on Friday an 8.5% increase in full year pre-tax profits on the back of a rise in like-for-like sales. Numis has forecast pre-tax of £39.5m, down from £36.4m the previous year. Earnings per share is expected to rise 7.7% to 5
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