Fuller’s has seen its adjusted profit before tax increase by 25% year-on-year in the six months to 26 September, totalling £28.2m.

The pub and hotel operator reported that in this period, its revenue and other income rose by 6.4% to £220.9m, while its earnings jumped almost 15% to £48.7m.

Furthermore, its like-for-like (LFL) sales in its managed pubs and hotels increased by 6.1%, outperforming the market on average by three percentage points. Drink and food LFL sales also increased by 6.4% and 4.6% respectively.

Across this period, it acquired 12 new pubs, nine of which have joined its managed pubs and hotels division.

Executive chairman at Fuller’s, Simon Emeny, stated: "I am delighted to be announcing another excellent set of results – the business is in great shape, and we continue to build on our positive momentum.

"Across the business, we set ourselves up for success and our teams have delivered outstanding results, capitalising further on the opportunity presented by exceptional summer weather and the football World Cup. We had a clear focus, made good preparations in advance, and these results are a testament to those plans and the manner in which we have executed them – growing sales, volumes and margin."

In its outlook, LFL sales for the first 32 weeks of the year increased by 5.8%, with Christmas bookings up 16% in the same period.

The pub operator said it has £19m of planned investments across its estate in the second half of the year, and also expects its profit before tax to be ahead of market consensus in the full year, following the strong first half performance.

Following the update, shares in Fuller’s increased by 2.70%.

Emeny concluded: “With a successful first half delivered, we are delighted that our positive momentum continues with like for like sales in our Managed Pubs and Hotels for the 32 weeks to 7 November 2026 rising by 5.8%. As we head towards the important Christmas period, we are pleased to have a strong pipeline of bookings, currently 16% ahead of the same time last year.

“We are delighted with our progress so far in this financial year and, with such a strong start, we are confident that we will exceed current market expectations for the full year.”

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