Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

‘A good first half’ says Fuller, Smith & Turner PLC CEO Simon Emeny

Friday, November 18, 2016 9:46
% of readers think this story is Fact. Add your two cents.

(Before It's News)

The boom in craft beers was cited as one of the reasons behind the resilient performance of brewer-cum-pub landlord, Fuller, Smith and Turner PLC (LON:FTSA).

While operating profits from its Beer Company operation were up 8%, volumes actually dropped 4% in the six months to September 24.

For the company as a whole, adjusted profit before tax rose 6% to £22.8mln on an 11% rise in revenues to £197.6mln.

CEO Simon Emeny tells Proactive: ”We’d described it as a good first half to the year under what are clearly challenging economic and political conditions”.

”I think the first half is split into two quarters for us which were distinctly different. In the run up to the referendum it coincided with a very wet part of the summer and uncertainty around the vote. I think once everyone had got over the shock of what was an unexpected outcome the second quarter we traded very well”.

Story by ProactiveInvestors

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.