Edition:
United Kingdom

Marston's PLC (MARS.L)

MARS.L on London Stock Exchange

108.70GBp
1:42pm BST
Change (% chg)

-0.90 (-0.82%)
Prev Close
109.60
Open
110.80
Day's High
110.80
Day's Low
108.60
Volume
669,003
Avg. Vol
1,546,900
52-wk High
110.80
52-wk Low
89.20

Latest Key Developments (Source: Significant Developments)

Marston's Says HY Underlying Revenue Rose 5%
Wednesday, 15 May 2019 

May 15 (Reuters) - Marston's PLC ::HALF YEAR UNDERLYING PRETAX PROFIT ROSE 1.9 PERCENT TO 37 MILLION STG.SAYS INTERIM DIVIDEND MAINTAINED AT 2.7 PENCE PER SHARE.HY UNDERLYING REVENUE £553.1M, UP 5%.HY UNDERLYING PROFIT BEFORE TAX £37.0M, UP 2%.UNDERLYING REVENUE AND EARNINGS GROWTH IN ALL TRADING SEGMENTS IN HY.HY LIKE-FOR-LIKE OPERATING MARGINS IN LINE WITH LAST YEAR.HY MANAGED AND FRANCHISED LIKE-FOR-LIKE SALES +2.2%, UP 3.2% IN LAST 10 WEEKS OF PERIOD.TARGET TO REDUCE NET CAPEX BY £30 MILLION IN 2019 AND FURTHER £25-30 MILLION IN 2020.TARGETING £120 MILLION DISPOSAL PROCEEDS 2020-2023.CONFIDENT OF DELIVERING ANOTHER YEAR OF PROFITABLE GROWTH FOR OUR SHAREHOLDERS.TARGETING AN ANNUALISED 25% CROCCE BY FINANCIAL YEAR 2020..OFF-TRADE CONTINUES TO GROW IN BOTH ABSOLUTE TERMS AND IN SHARE OF TOTAL DRINKS MARKET.DURING PERIOD WE ALSO STOCKPILED SEVERAL CORE LINES IN ANTICIPATION OF A DISORDERLY BREXIT AT END OF MARCH.STOCK LEVELS WERE AROUND £6 MILLION HIGHER THAN CORRESPONDING PERIOD LAST YEAR.CONTINUE TO CLOSELY MONITOR BREXIT SITUATION AND ARE WELL PLACED TO IMPLEMENT ANY NECESSARY CONTINGENCY PLANS.  Full Article

Marston Names William Rucker As Chairman
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Marston's PLC ::APPOINTMENT OF WILLIAM RUCKER AS CHAIRMAN WITH EFFECT FROM 1 OCTOBER 2018.  Full Article

Marston's Plc Appoints William Rucker As Chairman
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Marston's PLC ::APPOINTMENT OF CHAIRMAN.ANNOUNCE APPOINTMENT OF WILLIAM RUCKER AS CHAIRMAN WITH EFFECT FROM 1 OCTOBER 2018.  Full Article

Deutsche Bank Discloses 5.05 Pct Stake In Marston's Plc
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Marston's Plc::DEUTSCHE BANK DISCLOSES 5.05 PERCENT STAKE IN MARSTON'S PLC - FILING.  Full Article

Marston's Secures Distribution Deal With Founders Brewing
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Marston's PLC ::MARSTON’S SECURES DISTRIBUTION DEAL WITH LEADING AMERICAN BREWERS - FOUNDERS.SECURED A NEW FIVE YEAR DISTRIBUTION DEAL WITH AMERICAN CRAFT BREWERS FOUNDERS BREWING CO.  Full Article

Marston's says chairman Roger Devlin quits​
Thursday, 15 Mar 2018 

March 15 (Reuters) - Marston's Plc ::‍THAT ROGER DEVLIN HAS INFORMED BOARD OF HIS INTENTION TO STEP DOWN FROM HIS ROLE AS CHAIRMAN​.‍IT HAS BEEN AGREED WITH BOARD THAT THESE CHANGES WILL TAKE EFFECT FROM 31 MAY 2018; PROCESS FOR A REPLACEMENT IS UNDERWAY AND AN UPDATE ON SUCCESSION WILL BE PROVIDED IN DUE COURSE.​.  Full Article

Persimmon names Roger Devlin as chairman ​
Thursday, 15 Mar 2018 

March 15 (Reuters) - Persimmon Plc ::‍PLEASED TO ANNOUNCE APPOINTMENT OF ROGER DEVLIN AS CHAIRMAN FROM 1 JUNE 2018.​.  Full Article

William Hill Says Appoints ‍Roger Devlin As Chairman Designate​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - William Hill Plc ::WILLIAM HILL APPOINTS CHAIRMAN DESIGNATE​.‍ROGER DEVLIN WILL JOIN BOARD AS CHAIRMAN DESIGNATE ON 1 FEBRUARY.‍ROGER DEVLIN WILL BE APPOINTED CHAIRMAN ON 2 APRIL 2018 WHEN GARETH DAVIS WILL STAND DOWN​.  Full Article

Marston's Plc says FY underlying pretax profit up 2.9 pct to 100.1 mln pounds
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - MARSTON'S PLC ::FY UNDERLYING REVENUE UP 10 PERCENT TO 992.2 MILLION STG.FY UNDERLYING PRETAX PROFIT ROSE 2.9 PERCENT TO 100.1 MILLION STG.FINAL DIVIDEND 4.8 PENCEPER SHARE.TOTAL DIVIDEND UP 2.7 PERCENT TO 7.5 PENCEPER SHARE.‍FINAL DIVIDEND UP 0.1P TO 4.8P PER SHARE​.‍LIKE-FOR-LIKE SALES GROWTH IN PUB ESTATE IN FIRST SEVEN WEEKS OF PERIOD​.FY ‍UNDERLYING OPERATING PROFIT OF £174.5 MILLION (2016: £172.7 MILLION) WAS UP 1.0%​.‍TRADING IN CURRENT FINANCIAL YEAR IS IN LINE WITH CO'S PLANS​.‍ANTICIPATE UNDERLYING OPERATING MARGINS IN CO'S PUB BUSINESS TO BE SLIGHTLY BELOW THOSE ACHIEVED IN 2017​.‍FY AVERAGE PROFIT PER PUB UP 2%​.  Full Article

Marston's says sales and profits for year are ahead of last year
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - MARSTON'S PLC ::‍IN DESTINATION AND PREMIUM, FY LIKE-FOR-LIKE SALES WERE 0.9% ABOVE LAST YEAR​.‍IN TAVERNS, FY LIKE-FOR-LIKE SALES WERE 1.6% ABOVE LAST YEAR​.‍IN LEASED, FY LIKE-FOR-LIKE PROFITS ARE ESTIMATED TO BE UP 1% COMPARED TO LAST YEAR​.‍IN 2018 FINANCIAL YEAR WE NOW EXPECT TO OPEN 15 PUBS AND BARS, AND SIX LODGES​.‍"MODEST TRIMMING OF OUR OPENINGS PROGRAMME REFLECTS A DEGREE OF CAUTION GIVEN RECENT SUBDUED MARKET CONDITIONS".‍SALES AND PROFITS FOR YEAR ARE AHEAD OF LAST YEAR, AND WE TARGET FURTHER GROWTH IN 2018​.‍NO SIGNIFICANT CHANGE TO COST TRENDS HIGHLIGHTED PREVIOUSLY, BUT CO HAS IDENTIFIED COST SAVINGS OF APPROXIMATELY £5M PER ANNUM​.  Full Article

Investors keep food firms on warning over antibiotics

LONDON An investor group managing some $5 trillion said it was pleased with the steps taken by fast-food companies to cut the use of antibiotics in their products and will continue to monitor firms as its three-year-long engagement comes to an end.