Printer Friendly

Fullers swells with London Pride as sales stay foamy.

Brewing-to-hotels group Fullers yesterday toasted a strong performance by its beers which managed to buck the trend of falling sales across Britain.

While sales of cask beers fell by 12 per cent across the UK, Fullers beers showed strong gains.

Its London Pride brand increased its sales by five per cent and Chiswick Bitter rose three per cent. Overall the company increased its share of the cask market to 3.7 per cent from 3.1 per cent.

Fullers' hotel division also saw an increase in capacity last year with the pounds 8.8 million purchase of a Bristol site which the company said will be expanded to 118 bedrooms from its current 93.

And the company will also be converting the White Hart in Kingston into a 37-bedroom hotel.

Pre-tax profits for the year to March were pounds 13.7 million compared with pounds 14.4 million a year earlier.

Turnover was pounds 142.4 million, up from pounds 127.8 million.

Shareholders will receive a final dividend of 9.36p a share.
COPYRIGHT 2000 Birmingham Post & Mail Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Birmingham Post (England)
Date:May 27, 2000
Words:174
Previous Article:Fast sale is tickety-boo.
Next Article:Down your way: Life and times of an English village; Ross Reyburn turns over a leaf or two to discover a modern-day Domesday Book, compiled by the...

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters