Fuller Smith & Turner (FSTA)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

566.00p
   
  • Change Today:
    -36.00p
  • 52 Week High: 870.00
  • 52 Week Low: 540.00
  • Currency: UK Pounds
  • Shares Issued: 39.82m
  • Volume: 10,407
  • Market Cap: £225.38m
  • RiskGrade: 256

Fullers delivers 'steadily improving performance' since reopening estate

By Iain Gilbert

Date: Thursday 27 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Pub landlord Fuller, Smith & Turner said on Thursday that it had delivered a "steadily improving trading performance" since reopening its estate on 19 July 2021.
Fuller, Smith & Turner stated managed like-for-like sales reached 90% of 2019 levels prior to the emergence of the Covid-19 Omicron variant and enhanced restrictions introduced by the Government in early December.

The London-listed firm highlighted that the cancelling of office Christmas parties and Downing Street's guidance to work from home had led City workers to steer clear of the office, resulting in managed like-for-like sales over the four weeks to 1 January falling to 72% of 2019 levels.

However, Fullers noted that since the beginning of the new year, it had seen an "improving trading position", resulting in managed like-for-like sales in the 43 weeks to 22 January hit 81% of pre-pandemic levels.

Chief executive Simon Emeny said: "We are seeing an improvement in trade and expect that to quicken further now that the Government has lifted Covid restrictions. We saw sales rise steadily in the City after previous lockdowns, and recent trading patterns suggest that there is a strong desire among many workers to return to office working. In addition, we expect to see a rise in the number of international tourists, which will benefit our London pubs and those in other tourist destinations.

"I am confident about the future, especially as we move towards business as usual and an end to Government intervention. Our estate of iconic, well-located pubs is in great shape, and we have a busy pipeline of investments due to complete during the last quarter of the financial year.

As of 0925 GMT, Fuller, Smith & Turner shares were up 0.29% at 702.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FSTA Market Data

Currency UK Pounds
Share Price 566.00p
Change Today -36.00p
% Change -5.98 %
52 Week High 870.00
52 Week Low 540.00
Volume 10,407
Shares Issued 39.82m
Market Cap £225.38m
RiskGrade 256

FSTA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.16% above the market average29.16% above the market average29.16% above the market average29.16% above the market average29.16% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average
Price Trend
37.4% below the market average37.4% below the market average37.4% below the market average37.4% below the market average37.4% below the market average
16.42% below the sector average16.42% below the sector average16.42% below the sector average16.42% below the sector average16.42% below the sector average
Income
86.68% below the market average86.68% below the market average86.68% below the market average86.68% below the market average86.68% below the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Growth
24.42% above the market average24.42% above the market average24.42% above the market average24.42% above the market average24.42% above the market average
46.88% above the sector average46.88% above the sector average46.88% above the sector average46.88% above the sector average46.88% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FSTA Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Jul-22 16-Dec-21
Paid 27-Jul-22 04-Jan-22
Amount 7.41p 3.90p

Trades for 01-Jul-2022

Time Volume / Share Price
16:37 55 @ 566.00p
16:37 353 @ 566.00p
16:35 668 @ 566.00p
16:29 70 @ 580.00p
16:29 214 @ 580.00p

FSTA Key Personnel

CEO Simon Emeny
Finance Director Neil Smith

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