Fuller Smith & Turner (FSTA)

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Fuller Smith & Turner FSTA Logo

An independent traditional family brewer founded in 1845, the Company runs 180 Tenanted Inns and 198 Managed Pubs and Hotels.

24-Nov-2017 – 965p – £521.6m – PER 14.5

Interim Results For The 26 Weeks To End September 2017 – Revenue up 6% to £209.3m (£197.6m last time), Adjusted PBT up 4% to £23.8m (£22.8m last time), Adjusted EPS up 5% to 34.22p and the Interim Dividend is up 4% to 7.55p.

The outlook for the sector is not exactly great and this update it not exactly inspiring. For now I will remain Neutral here and in the sector in general.

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