Backlog of of weddings promises bliss for pub chain Fuller's

Date:


Backlog of of weddings promises bliss for Fuller’s: Pub chain toasts a return to profit and a recent rise in sales

Positive: Fuller's chief exec Simon Emeny (pictured) said that delayed events  have put the company in a strong position

Positive: Fuller’s chief exec Simon Emeny (pictured) said that delayed events  have put the company in a strong position

A ‘backlog of weddings’ will put Fuller’s on track for a strong summer, its boss said – despite concerns over consumer confidence.

The pub group yesterday toasted a return to profit and hailed a recent rise in sales. Chief executive Simon Emeny said that delayed events from the past two years due to the Covid-19 pandemic have put the company in a strong position for the summer.

Nevertheless, the company highlighted that market condition are challenging amid fragile consumer confidence due to rampant inflation.

The company swung back to an adjusted pre-tax profit of £7.2million for the year to March, compared with a £48.7million loss in the previous year.

Revenues soared to £253.8million for the year, compared with £73.2million in the previous year, when it had been particularly hammered by lockdowns.

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

British Wimbledon doubles star refuses to play after heated umpire argument over Hawk-Eye

British world No 1 doubles star Joe Salisbury...

Sylvester Stallone fortune: How Rocky star once had to sell beloved dog to 'keep him fed'

The 80’s action movie heartthrob Sylvester Stallone –...

UK housebuilding activity falls for first time in two years

Residential housebuilding activity across Britain slowed down for...

'The problem starts at the top' Sajid Javid brutal resignation speech in full

"This is not an abstract matter.We’ve seen in...