Fuller posts pre-tax profits of £16.8m

Fuller with more than 360 pubs in the south of England has earned £16.8m as pre-tax profits over the span of six months ending on September 25. The revenues also jumped by 4pc to £121.5m.

The food sales at the pubs have increased by 4.2 pc which is around 29pc of the total revenues earned.

On like-for-like basis, Accommodation revenue had also seen growth of 11.4pc, which contributes around 7 pc to the total revenues.

Chairman Michael Turner said that Fuller's strong growth rate has taken it ahead of its rivals and further added that the company is looking ahead at London 2012 Olympics and the upcoming Royal wedding during the next year.

The SABMiller had also shown increase in its pre-tax profits by 13 pc to $1.69bn over the period of six months to end of September. Demand of world class beers has helped the company to overcome the general slump in beer sales.

Increase by 6 pc to 4.75p, in the interim dividend, to be paid on January 4, has been announced by the Fuller.

The sales of the group jumped by 4pc, from £116.9m in 2009 to £121.5m in 2010.

The shares of the company remained still at 605p.