Fuller Smith & Turner Reports Strong Half-Year Growth
Company Announcements

Fuller Smith & Turner Reports Strong Half-Year Growth

Fuller Smith & Turner (GB:FSTA) has released an update.

Fuller, Smith & Turner has reported a robust financial performance for the first half of 2024, with a 21% increase in adjusted profit before tax to £17.6 million and a 5.2% rise in like-for-like sales in its Managed Pubs & Hotels. The company continues to enhance its portfolio through strategic acquisitions like Lovely Pubs and significant estate investments, while also reducing net debt and increasing dividends by 12%. Despite challenges from recent budget changes, the company remains optimistic about meeting market expectations for the year.

For further insights into GB:FSTA stock, check out TipRanks’ Stock Analysis page.

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