Profits jump at Fuller’s

Strong sales in beers such as Asahi super premium lager and Jubel Peach have helped contribute to a 25% increase in adjusted profit before tax at pub and hotel company Fuller’s.

Adjusted profit before tax increased 25% to £28.2 million compared to £22.5 million in H1.

The company experienced an 18% rise in sales Asahi super premium lager and the continuing trend for fruit lagers saw Jubel Peach sales up 71%.

Executive chairman Simon Emeny said he wasdelighted to be announcing another excellent set of results saying the business is in great shape, and it continues to build on its positive momentum.

He explained: “Like for like sales in our Managed Pubs and Hotels rose by 6.1%, with total revenue up 6.5% to £220.9 million (H1 2026: £207.5 million), resulting in a 25% increase in adjusted profit before tax to £28.2 million (H1 2026: £22.5 million). Enhanced by our continued share buyback programme, we have seen a rise in adjusted earnings per share of 33% to 39.81p (H1 2026: 30.03p).

“Across the business, we set ourselves up for success and our teams have delivered outstanding results, capitalising further on the opportunity presented by exceptional summer weather and the football World Cup.

“We had a clear focus, made good preparations in advance, and these results are a testament to those plans and the manner in which we have executed them – growing sales, volumes and margin.

“During the period, we announced the acquisition of 12 new pubs. They are all outstanding assets that will add real long-term value to the business and complement our existing estate. These acquisitions are now completed, and the teams have been welcomed into the Fuller’s family.

“We will be investing in these great assets over time, and they will deliver returns both now and in the future.

“With a successful first half delivered, we are delighted that our positive momentum continues with like for like sales in our Managed Pubs and Hotels for the 32 weeks to 7 November 2026 rising by 5.8%. As we head towards the important Christmas period, we are pleased to have a strong pipeline of bookings, currently 16% ahead of the same time last year.

“We are delighted with our progress so far in this financial year and, with such a strong start, we are confident that we will exceed current market expectations for the full year.”

ARTICLES
PODCASTS
The Brewers Journal is funded by industry advertising. Please disable your ad blocker for this site. It is what keep us bringing you content.