Fuller Smith & Turner (LON:FSTA) – pre-AGM Update next week
- Mark Watson-Mitchell
- Jul 18
- 1 min read
18.07.2025
I am looking for a confident Trading Update ahead of next Tuesday’s (22nd July) AGM.
The 180-year-old group is a premium pubs and hotels business, with an estate of iconic pubs and hotels across the Southern half of England, offering delicious, fresh, seasonal food, an exciting drinks range, and beautiful bedrooms.
It operates 185 Managed Pubs and Hotels, with 1,028 bedrooms and 153 Tenanted Inns.
WIth the recently announced results, the group stated that its trading and profit growth momentum was continuing into the new financial year, with like-for-like sales for the first 10 weeks having risen by 4.2%.
It stated that the company was well-positioned to continue to deliver excellent returns to shareholders through future growth and prudent Balance Sheet management.
The group’s shares peaked just over a month ago at 669.24p, before slipping back to the current 554p.
I remind readers that Peel Hunt
has a 700p Target Price on their Add rating for the group’s shares.
(Profile 17.08.20 @ 600p set a Target Price of 700p*)
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