Lovely Pubs

Fullers hails ‘excellent performance’ across estate as profits jump 32%

Fullers has revealed that its adjusted profit-before-tax has risen 32% to £27m for the year ended 29 March 2025, up from £20.5m in the previous year. The increase in profits comes alongside a 4.8% revenue increase to £376.3m, up from £359.1m in the previous year, driven by “excellent performance” across…

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Fuller’s PBT jumps 21% to £17.6m in H1

Fuller’s has reported that adjusted profit before tax jumped by 21% to £17.6m for the half year to 28 September, as like-for-like sales in its managed pubs and hotels rose by 5.2% during the period.   While statutory profits before tax hit £29m during the period, this significant increase was attributed…

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Today’s news in brief – 07/08/24

Yum Brands has reported a 4% revenue rise to $1.7bn (£1.3bn) in Q2. The owner of KFC, Taco Bell, Pizza Hut and Habit Burger Grill saw company-wide sales grow 3%, as it opened 598 new restaurants across 57 countries during the period. KFC revenues increased 5% to $717m (£563m) in…

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Fuller’s acquires Lovely Pubs for £22.5m

Fuller’s has announced the acquisition of Lovely Pubs, a collection of seven pubs in Warwickshire – for a total consideration of £22.5m.  The news comes as the portfolio of Warwickshire pubs are “a perfect fit” with Fuller’s existing managed pub estate, both geographically and operationally.  Lovely Pubs is made up…

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Hospitality joins forces to strive for fairer treatment from the gov

A group of hoteliers and restaurateurs fed up with the industry being “discriminated against, with disproportionate business rates”, came together at Nailcote Hall Hotel, Coventry in order to help push for change.  A meeting took place with CEO of UK Hospitality, Kate Nicholls and Midlands MP, Saqib Bhatti, to discuss…

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