Fuller, Smith & Turner (FSTA) delayed the release of its full-year results, citing the need for more time to incorporate the impact of coronavirus into its figures. The pub and hotels operator’s financial year ended just a week after lockdown shut down the UK hospitality industry, but Fuller’s believes the pandemic has hit its trading by around £10m.
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The pubs may be reopening but investors have little to drink to
Pubs were generally poor investments before the lockdown. Nothing has changed
Phil Oakley