Fuller’s has reported a 28 percent increase in adjusted pre-tax profit for the year ended 28 March 2026, supported by continued growth across its managed and tenanted estates. 

Total revenue increased by 5.7 percent to £397.8m, while like-for-like sales across the managed estate rose by 4.9 percent. Adjusted operating margins also improved from 10.7 percent to 11.5 percent.

Commenting on the outlook, executive chairman Simon Emeny said: “The results we have delivered this year are driven by our strong operational performance, a proven successful strategy, an outstanding team of people, and a robust capital allocation framework.”

Across the managed estate, food sales rose by 3.5 percent, drink sales increased by 5.8 percent and accommodation sales grew by 4.9 percent on a like-for-like basis. Within the tenanted estate, average EBITDA per pub increased by 4.6 percent year-on-year.

Trading has continued positively into the new financial year, with like-for-like sales up 4.4 percent during the first ten weeks.