# Are Fuller’s shares getting frothy?

- URL: https://talkfuse.com/story/are-fullers-shares-getting-frothy/
- Published: 2026-11-11T13:10:18+00:00
- Updated: 2026-11-11T13:22:37+00:00
- Original publisher: City AM (publisher lean: Right)
- Original article: https://www.cityam.com/are-fullers-shares-getting-frothy/
- Topics: Business, Markets

## Key points

- Fuller’s shares have climbed 15 per cent in a month.
- Annual revenue reached £221 million and pre-tax profit £28.5 million.
- Premium drinks and affluent locations support growth, but the rally may be fragile.

## Summary

Fuller’s shares have risen 15 per cent in a month to a five-year high, despite pressures facing pubs across Britain. The rally raises questions about whether the pub group is overvalued, though its recent results and business strategy offer reasons for investor confidence.

Revenue grew 6 per cent to £221 million in the year, while pre-tax profit rose by more than a third to £28.5 million. Fuller’s focuses on affluent areas in London and the South East, does not operate a brewery, and has benefited from changing tastes: sales of peach lager Jubel rose 71 per cent and spritzes 118 per cent in the six months to September. The article also notes that a wider sell-off in big technology shares may have helped London mid-caps, so the recent surge could prove vulnerable.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.