FDBusiness.com

Resilient Performance by Fuller, Smith & Turner

 Breaking News
  • Ebro Expands in Pasta With €130 Million Deal Spanish food group Ebro has agreed to acquire a 70% stake in Bertagni 1882, the Italian premium fresh pasta producer, for €130 million. With production plants in Vicenza and Avio in Italy, Bertagni employs 275 people and is known as the oldest brand of filled pasta in Italy. Its gross sales in 2017 will exceed [...]...
  • 100% Green Distillery to Open in Yorkshire A Yorkshire-based gin and whisky distillery is one of only three in England to be run solely on green energy. As England’s smallest and first self-built whisky and gin distillery, Cooper King Distillery will commence production of its juniper-led gin and open its doors to members of the public this spring, the whisky distillation will follow [...]...
  • ULMA Packaging’s Flexible Solution Helps Make Dairy’s Day Dairy Day, a Watford-based specialist in artisan cheeses, has reported a significant increase in production since replacing a manual packing machine with ULMA Packaging Ltd’s TFS 200 Thermoformer – providing the family-run business with the extra capacity it needed to meet the increasing demand from retailers and foodservice customers for its handmade halloumi cheese. Investing in a packaging system is [...]...
  • Wavegrip Introduces New Service WaveGrip, manufacturer of innovative beverage multi-packaging solutions, has launched a dedicated machine manufacturing and engineering support service. Combining all WaveGrip automation, engineering and global servicing capabilities, including its OEM partners, the new WaveTec service will ensure WaveGrip Applicators continue to deliver the best performance to support companies’ multi-packing needs. WaveTec will also give all WaveGrip customers [...]...
  • Riggs Autopack Ltd – British Manufacturer of Depositors & Filling Machines For Food Production Riggs Autopack is a British manufacturer of high quality depositors and filling machines, transfer pumps and automatic conveyor filling lines. They are a UK market leader with an excellent reputation and supply their equipment to the food production industry. Their Model 1000 volumetric depositors and filling machines are one of the most precise and hygienic on [...]...

Resilient Performance by Fuller, Smith & Turner

Resilient Performance by Fuller, Smith & Turner
June 13
12:20 2011

Driven by a strong performance from its managed pubs and hotels business, London-based regional brewer and pub operator Fuller, Smith & Turner increased profit before tax by 16% to £31.0m and revenue by 6% to £241.9m for the 53 weeks ended April 2nd 2011. Revenues across the group’s managed pubs and hotels business increased by 7% to £147.2m and like for like sales grew by 3.9%. Operating profit before exceptional items grew by 15% to £18.1m driven almost equally by sales growth and margin expansion.

The Fuller’s Beer Company put in a robust performance in what remains a difficult marketplace. For the 53 week period total beer volumes increased by 2%, which combined with higher duty rates led to a 6% increase in revenue to £104.1m. However, operating profit fell by 1% to £8.8m as a result of higher costs due to an increased proportion of packaged beer going to the export and off trade markets and a £0.3m increase in marketing costs.

The company again grew its share of the UK ale market despite volumes of own beer sold in the UK declining 4% as a consequence of the continued challenging climate in the free on trade market. Volumes in the off trade continued to grow ahead of the market with a 6% increase, whilst a thirst for Fuller’s beer abroad drove export volumes up 16%. Indeed, one in seven barrels of beer that Fuller’s produces is exported to one of 62 countries around the world.

In order to support growth in the off trade and export channels Fuller’s is investing more than £4.5m in new conditioning tanks at the Griffin Brewery in Chiswick. This will enable it to continue to meet the growing demand for bottled beers both at home and abroad. The tanks will be commissioned in October 2011. The company’s London Pride brand remains the UK’s leading premium ale and this year became the number one free trade cask ale by value in the UK.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
  • January 28, 2018ProSweets Cologne (Int'l Sweets and Biscuits Fair)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements