Pub company Fuller’s, giving a financial update on the past 43 weeks of trading, says industrial action has cost it £4m since October last year.
The company reported like-for-like sales up 20% in the 43 weeks to 21st January. That’s 97% against the same period in 2020.
Chief exective, Simon Emeny, said the company was encouraged by the underlying sales figures. He added: “While it is frustrating that the train strikes have set back our reported sales and earnings, it is reassuring that we are achieving our anticipated sales trajectory in periods unaffected by strikes.
“While ongoing strike action will dampen sales, demand from customers remains good and we are optimistic that 2023 will deliver further sales growth through a busy calendar of events, and as office workers and tourists continue to return to the capital.”
He said continuing high inflation was affecting operating costs and margins.