Southeast focus lifts Fuller's
10th Jun 2011 07:05
Economic resilience in the southeast of England helped brewer and pub operator Fuller, Smith and Turner post a strong rise in profits in the year to 2 April. The company, whose pubs only stretch as far north as the Midlands, saw adjusted pre-tax profits rise by 10% from the previous year to £29.3m
Read moreIndus Gas chief exec raises nearly £126m
31st Jan 2011 17:04
The chief executive of one of the largest companies on AIM has raised nearly £126m from a share sale. Not much more than 10% of the companies on AIM are valued at more than the amount raised by Indus Gas chief executive Ajay Kalsi. He sold 19.35m shares at 650p each. Indus joined AIM in June 2008
Read moreLondon close: Stocks fall as nervousness sets in
28th Jan 2011 16:51
Shares were nursing big losses by the end of the day as more gloomy economic figures stoked nervousness. Consumer stocks were under the cosh after UK consumer confidence in January slumped in January, as the VAT rise kicked in. Insipid weekly trading figures from department store group John Lewis h
Read moreLondon afternoon: Confidence blow for equities
28th Jan 2011 14:50
Leading shares are lower, with consumer stocks under the cosh after UK consumer confidence in January slumped in January, as the VAT rise kicked in. Insipid weekly trading figures from department store group John Lewis have not helped sentiment. The GfK NOP Consumer Confidence Index dropped eight p
Read moreLondon midday: Footsie stabilises at lower level
28th Jan 2011 12:19
London fell sharply in early dealings on the back of weak overseas markets but it has spent most of the day around the 5,920 mark. S&P's decision to cut its credit rating for Japan and some poor company results hurt the Nikkei in Tokyo on Friday and this has spilled over into London. The market i
Read moreLondon open: Poor start as miners slip
28th Jan 2011 08:54
London has slipped back in early dealings after a dull day on Wall Street and weak showing in Asia overnight. S&P's decision to cut its credit rating for Japan and some poor company results hurt the Nikkei in Tokyo on Friday and this has spilled over into London. Miners are dragging Footsie lower.
Read moreLondon pre-open: Another step back for Footsie
28th Jan 2011 07:40
Weakness in the Far East and a close below 12,000 in the US last night are set to point London lower in early action. S&P's decision to cut its credit rating for Japan and some poor company results hurt the Nikkei Friday, while mixed results and disappointing data capped gains on Wall Street. It co
Read moreInflation not snow bothers Fuller's
28th Jan 2011 07:15
There were few problems with snow in December for London-based pub owner and brewer Fuller's. Like for like sales in core Managed Pubs and Hotels business grew by 3.7% over the 10 weeks to 22 January, bringing the like for like sales growth for the 43 weeks to 3.5%. Like for like profits in the Te
Read moreFriday preview: Pub owners discuss winter trade
27th Jan 2011 15:58
The weekend starts early for two of the pub sector's biggest names when they bring the market up to speed on developments. Snow before Christmas in the Midlands and North West is expected to have stopped drinkers getting to pubs run by Marston's, though the weather cleared up in time for New Year w
Read moreGovernment's low-cost alcohol initiative lacks bottle
18th Jan 2011 14:24
The coalition government is set to announce new measures on Tuesday designed to cut back on the practice of retailers offering deep discounts on alcoholic drinks. Though the new proposals will not prevent shops from selling alcoholic drinks as "loss leaders", it is understood that the government wi
Read moreFuller's cushioned by south-east base
19th Nov 2010 07:35
London-based pub group and brewer Fuller's shrugged off the economic gloom with progress in all divisions but especially its hotels and managed pubs arm over the past six months. Profits in the half year to September rose by 11% to £16.8m, on sales up 4% at £121.5m. The dividend rises by 6% to 4.75
Read moreFriday preview: Fuller Smith and Turner, Rotork
18th Nov 2010 17:01
The end of the week appropriately enough sees the focus switch to beer, and London brewer and pubs group Fuller Smith & Turner, which brings out interim figures. Broker KBC Peel Hunt is forecasting profit before tax of £14.8m and earnings per share of 18.9p, which would represent year on year growt
Read moreCapital reinvestment by chief exec
9th Aug 2010 16:40
Ian Hawksworth has used cash raised from the sale of options exercised in Capital Shopping Centres to reinvest in Capital & Counties Properties. Hawksworth, who is chief executive of Capital & Counties, bought 87,840 shares at 112.99p each. That cost just over £99,000 and took his stake in the cen
Read moreFuller Smith & Turner Buys Back 42,000 A Ordinary Shares
29th Jul 2010 16:08
LONDON (Dow Jones)--Fuller Smith & Turner PLC (FSTA.LN) said Thursday it purchased for holding in treasury 42,000 A ordinary shares at a price of GBP5.51 per share on July 28. -Shares at 1505 GMT unchanged at 535 pence. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.pa
Read moreUPDATE: Fuller, Smith & Turner: Sunshine Boosts Start To FY11
23rd Jul 2010 10:39
(Adds detail, analysts' comments.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pub and brewery group Fuller, Smith & Turner PLC (FSTA.LN) Friday announced a solid start to the 2011 fiscal year, as people flocked to its beer gardens to enjoy a drink and food outside in t
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