Fuller, Smith & Turner plc (LSE:FSTA) reported a strong financial performance for the first half of 2025, driven by consistent operational execution and a clear strategic focus. Adjusted profit before tax rose 28%, while adjusted earnings per share increased 38% year-on-year. The company credited its success to a well-invested estate, a loyal customer base, and a disciplined long-term growth strategy. Like-for-like sales in its Managed Pubs and Hotels segment grew 4.6%, outperforming the broader market and underscoring the brand’s strength in premium hospitality.
The group remains in a solid financial position, supported by a strong balance sheet and continued investment in its property portfolio. Reflecting confidence in ongoing performance, Fuller’s raised its interim dividend by 6% and continued its share buyback programme, reinforcing its commitment to shareholder returns.
Fuller, Smith & Turner’s financial outlook remains positive, underpinned by steady revenue growth, robust profitability, and an attractive valuation that combines a fair P/E ratio with a healthy dividend yield. While technical indicators show limited momentum in the short term, the company’s fundamentals and strategic positioning support a constructive medium-term view.
More about Fuller, Smith & Turner
Fuller, Smith & Turner plc is a premium pubs and hotels operator with a strong footprint across southern England. Its 185 Managed Pubs and Hotels offer high-quality, seasonal food, an extensive drinks portfolio, and welcoming accommodation. With a heritage spanning over 180 years, Fuller’s remains committed to delivering memorable guest experiences and sustainable long-term growth.
Leave a Reply