Edition:
United Kingdom

Marston's PLC (MARS.L)

MARS.L on London Stock Exchange

93.25GBp
17 Aug 2018
Change (% chg)

-0.75 (-0.80%)
Prev Close
94.00
Open
93.90
Day's High
94.70
Day's Low
92.25
Volume
1,247,942
Avg. Vol
3,149,847
52-wk High
121.30
52-wk Low
90.90

Latest Key Developments (Source: Significant Developments)

Marston's Says Good Trading In H2 To Date Helped By Weather, World Cup
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Marston's PLC ::TRADING IN SECOND HALF YEAR TO DATE HAS BEEN GOOD OVERALL.TRADING IN SECOND HALF YEAR HELPED BY RECENT GOOD WEATHER AND WORLD CUP.WET-LED PUBS, LEASED ESTATE AND BREWING BUSINESS BENEFITED SIGNIFICANTLY FROM WORLD CUP.EXPECT TO DELIVER UNDERLYING EARNINGS IN LINE WITH EXPECTATIONS FOR FULL YEAR.REMAIN ON TRACK TO MEET OUR OPENINGS GROWTH TARGETS FOR 15 PUB RESTAURANTS AND BARS, AND SIX LODGES, IN CURRENT FINANCIAL YEAR.  Full Article

Marston's Sees Growth In 2018 Revenue, Underlying PBT
Wednesday, 16 May 2018 

May 16 (Reuters) - Marston's Plc ::HALF YEAR REVENUE FOR DESTINATION AND PREMIUM BUSINESS ROSE 4 PERCENT TO 210.7 MILLION STG.HALF YEAR UNDERLYING PRETAX PROFIT ROSE 7.7 PERCENT TO 36.3 MILLION STG.INTERIM DIVIDEND 2.7 PENCE PER SHARE.EXPECT TO DELIVER GROWTH IN BOTH REVENUE AND UNDERLYING PBT IN 2018.SIX PUBS AND BARS OPENED; ON TARGET TO OPEN 15 FOR FINANCIAL YEAR.TARGET 10 PUBS AND BARS, FIVE LODGES IN 2019, A NET CAPITAL REDUCTION OF 25 MILLION STG.HY AVERAGE PROFIT PER PUB UP 1%.HY UNDERLYING REVENUE 528.1 MLN STG, UP 20%."CONFIDENT THAT MEDIUM-TERM OUTLOOK FOR EATING-OUT AND WET-LED PUB SECTORS REMAINS GOOD".  Full Article

Marston's Says Appoints Carolyn Bradley, Currently Senior Independent Director, As Interim Chairman
Friday, 11 May 2018 

May 11 (Reuters) - Marston's PLC ::APPOINTMENT OF CAROLYN BRADLEY, CURRENTLY SENIOR INDEPENDENT DIRECTOR, AS INTERIM CHAIRMAN OF BOARD WITH EFFECT FROM 1 JUNE 2018.SEARCH PROCESS TO FIND A CHAIRMAN SUCCESSOR IS UNDERWAY AND FURTHER ANNOUNCEMENT WILL BE MADE IN DUE COURSE.  Full Article

Marston's Says Destination And Premium ‍total Sales Up 4.9% For 16 WEEKS
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Marston's Plc ::FOR 16 WEEKS DESTINATION AND PREMIUM ‍TOTAL SALES FOR PERIOD ARE UP 4.9% REFLECTING CONTRIBUTION FROM ESTATE EXPANSION IN 2017​.FOR 16 WEEKS, FOR DESTINATION AND PREMIUM ‍LIKE-FOR-LIKE SALES IN PERIOD, EXCLUDING IMPACT OF TWO SNOW-AFFECTED WEEKS, ARE UP 1.1%​.FOR 16 WEEKS ,‍WEATHER IMPACT ON LIKE-FOR LIKE SALES WAS AROUND 2%, AND ON AN UNADJUSTED BASIS LIKE-FOR-LIKE SALES WERE DOWN 0.9% IN PERIOD​.‍ESTIMATE PROFIT IMPACT OF WEATHER TO BE £1 MILLION​.FOR 16 WEEKS ‍TAVERNS, LIKE-FOR-LIKE SALES FOR PERIOD ARE UP 2.6% BENEFITING FROM PERFORMANCE OF FRANCHISE-STYLE AGREEMENTS,IMPROVED DRINKS RANGE​.FOR 16 WEEKS ‍LEASED, LEASED ESTATE HAS PERFORMED WELL, WITH PROFIT GROWTH IN PERIOD ESTIMATED TO BE 2%​.FOR 16 WEEKS, ‍OWN-BREWED VOLUMES UP 33%​.‍REMAIN ON TARGET TO OPEN 15 PUB RESTAURANTS AND BARS AND SIX LODGES THIS YEAR​.‍HAVE OPENED THREE PUB-RESTAURANTS AND TWO LODGES IN YEAR TO DATE, INCLUDING A 104 BED LODGE IN EBBSFLEET​.  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

Marston's says comparable sales up 1.8 percent over recent 10 weeks
Wednesday, 12 Oct 2016 

Marston's Plc : Year-End trading update . Have made good progress this year with underlying profit before tax in line with management expectations . In destination and premium, like-for-like sales were 2.3 pct ahead of last year including food like-for-like sales growth of 1.7 pct . Wet like-for-like sales growth of 2.3 pct, underpinned by strong growth in room income . In last 10 weeks of period like-for-like sales have grown 1.8 pct . Operating margin is in line with last year and we completed 22 new pubs and bars and six lodges in financial year just ended . Marston's - in 2017 financial year we plan to open at least 22 pubs and bars and at least five lodges with openings programme weighted towards second half year . Continue to have a good pipeline of sites to maintain similar levels of expansion for foreseeable future . In taverns, like-for-like sales were 2.7 pct ahead of last year, with growth of 2.0 pct in last 10 weeks including a strong performance in our franchise estate . In leased, like-for-like profits are estimated to be up 2 pct compared to last year. . Marston's - in brewing, our beer brands have performed very strongly, with own-brand volumes up 13 pct for financial year and profits in line with management expectations. .Trading has continued at similar levels since year end which is encouraging.  Full Article

UPDATE 1-UK Stocks-Factors to watch on July 25

July 25 Britain's FTSE 100 index is seen opening 4 points lower at 7,705 on Wednesday, according to financial bookmakers, with futures down 0.26 percent ahead of the cash market open.