Fuller, Smith & Turner P.L.C.: Business Overview, Financials & Competitive Analysis
Fuller, Smith & Turner P.L.C. scores 7/10 on the AskCyborg Cyborg Score (Solid). Established hospitality operator with freehold-backed balance sheet demonstrating profit and dividend growth, but faces 2026 margin headwinds. Financial performance is solid, though improvements in free cash flow and return on equity could enhance the outlook, with valuation providing a balanced risk-reward profile. The score is tempered by.
What is Fuller, Smith & Turner P.L.C.'s industry? Fuller, Smith & Turner P.L.C. (fullers.co.uk) operates in Bars and Nightclubs. AskCyborg classifies Fuller, Smith & Turner P.L.C. under Bars and Nightclubs in its company registry.
Fuller, Smith & Turner P.L.C. is a family-owned operator of pubs and hotels in the United Kingdom. The estate includes 184 managed pubs and hotels with 1,011 bedrooms, and 153 tenanted inns. The company operates a pre...
Cyborg Score thesis
Established hospitality operator with freehold-backed balance sheet demonstrating profit and dividend growth, but faces 2026...
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Get Current Report FreeFuller, Smith & Turner P.L.C. Overview
Pro stress-test →Fuller, Smith & Turner P.L.C. is a family-owned operator of pubs and hotels in the United Kingdom. The estate includes 184 managed pubs and hotels with 1,011 bedrooms, and 153 tenanted inns. The company operates a predominantly freehold property portfolio with strategically positioned hospitality assets across the UK.
Strategic Profile
Pro stress-test →In its financial year ending 28 March 2026, Fuller's delivered revenue of £397.8 million (up 5.7%), with like-for-like sales across its Managed Pubs and Hotels division increasing 4.9%, driving adjusted profit before tax 28% higher to £34.6 million. The group leverages the resilience of its predominantly freehold estate and disciplined capital allocation through share buybacks and balance sheet management, supported by a property estate valued at approximately £991 million.
Competitive Landscape
Pro stress-test →Key competitors in the UK hospitality and brewing sectors include Young & Co.'s Brewery, P.L.C. and other regional pub operators. Fuller's differentiates through a predominantly freehold estate (reducing lease exposure), established brand portfolio, and disciplined capital deployment.
Industry Context
Fuller, Smith & Turner P.L.C. operates in Bars and Nightclubs.
Key facts
Founded: 1845 · Headquarters: London, UK · Employees: N/A · Revenue: £397.8M (FY2026) · Market cap: ~£2.5B