London-based Fuller’s has experienced a 19% increase in sales with its beer business in the 26 weeks to 24 September.
The company’s Frontier lager remains its second biggest brand while it also experienced growth in its Montana Red and Wild River beers.
While beer and cider volumes were down 4%, operating profit before exceptional items increased 8% to £3.9m.
Fuller’s also acknowledged that development in its Westside Drinks business has enabled it to grow its craft beer portfolio.
Speaking about the business as a whole, where adjusted profit before tax was up 6% to £22.8 million, chief Executive Simon Emeny explained: “There is no doubt that the UK economy is facing some significant challenges.
“The impact of increases in business rates and the National Living Wage, combined with uncertainty around the UK’s departure from the EU, make for changing times ahead.
“However, Fuller’s has a long-term, strategic vision, a solid balance sheet and a predominantly freehold estate, which is well-invested and supported by excellent, engaged team members and dedicated, skilled management.
“These are the qualities needed to continue to delight and excite our customers, provide a good return for our shareholders and attract the best new recruits to our business.”