Fuller’s saw like-for-like sales in its managed pubs and hotels division grow 5.7% for the 16 weeks to 18 July.
In a statement ahead of its annual general meeting today, the company said like-for-like profits in the tenanted division growing 4%. Total beer and cider volumes were level.
Since the year end, the company has bought a freehold pub in Earl’s Court Village, The King’s Head, opened The Stable in Plymouth and Winchester and relocated The Stable in Bath. It has also acquired the freeholds of two existing leasehold sites - The Blackbird in Earl’s Court, which has been a Fuller’s pub for over 20 years, and The Stable in Poole.
Separately, M&C understands that the company is to relaunch its Fine Line site in Monument at The Hydrant Craft House & Kitchen later this summer. The new site will feature “craft beers, real ales, seasonal cocktails and fresh food”, whilst also hosting beer tasting session and mixology classes. It will also house a 15-cover private dining room.
The company said the Hydrant will boast “one of the best-stocked bars in the city” - with at least 15 draught lines.
Chief executive Simon Emeny said: “The new financial year has started well and we are in robust health. We have exciting plans for the coming months with new openings for Fuller’s Inns and The Stable, as well as a continuation of our substantial programme of investment in our existing estate. In addition, the Rugby World Cup in the autumn - much of which takes place in our West London heartland - provides a focal point for some exciting activity and we are well placed to maximise its potential.”
