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United Kingdom

Marston's PLC (MARS.L)

MARS.L on London Stock Exchange

93.40GBp
18 Dec 2018
Change (% chg)

-0.60 (-0.64%)
Prev Close
94.00
Open
94.15
Day's High
96.20
Day's Low
92.40
Volume
1,742,704
Avg. Vol
1,685,359
52-wk High
121.10
52-wk Low
89.20

Latest Key Developments (Source: Significant Developments)

Marston's Says FY Underlying Revenue 1,140.4 Mln Stg, Up 15 Pct
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Marston's PLC ::FY UNDERLYING PRETAX PROFIT ROSE 3.9 PERCENT TO 104 MILLION STG.FINAL DIVIDEND MAINTAINED AT 4.8 PENCE PER SHARE.FY UNDERLYING REVENUE £1,140.4 MILLION, UP 15 PERCENT.FY STATUTORY REVENUE £1,141.3 MILLION, UP 13%.TO TARGET £20-30 MILLION OF ADDITIONAL FUTURE CASH FLOW OPPORTUNITIES.MACRO-ECONOMIC AND POLITICAL UNCERTAINTY IS REFLECTED IN CAPITAL PLANS THIS YEAR.EXPECT TO MAKE POSITIVE PROGRESS ONCE AGAIN IN CURRENT FINANCIAL YEAR.  Full Article

Marston's FY Pub Sales Up 3.2 Pct, Turnover Rises 15 Pct
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Marston's PLC ::FY GROUP TURNOVER WAS UP 15% TO OVER £1.1BN.ANTICIPATE REPORTING FY UNDERLYING PROFIT BEFORE TAX OF AROUND £104 MILLION (2017: £100.1 MILLION).FY TOTAL PUB SALES INCREASED 3.2%, INCLUDING LIKE-FOR-LIKE SALES GROWTH OF 0.6%.IN MOST RECENT 10 WEEKS, LIKE-FOR-LIKE SALES WERE UP 1.6%.FY DESTINATION AND PREMIUM LIKE-FOR-LIKE SALES WERE 1.2% BEHIND LAST YEAR.AGREEMENT TO ACQUIRE 15 FORMER MITCHELL'S & BUTLERS' PUBS FROM APRIROSE, A PROPERTY INVESTMENT COMPANY.WILL INVEST ABOUT £4 MILLION POST DEAL WITH TARGET EBITDA OF AROUND £0.5 MILLION IN 2019 AND AT LEAST £1 MILLION IN 2020.EXPECT TO COMPLETE AND LEASE-FUND MITCHELL'S & BUTLERS DEAL IN FIRST HALF OF 2019.TAVERNS FY LIKE-FOR-LIKE SALES GROWTH OF 3.8% INCLUDING GROWTH OF 3.8% IN LAST 10 WEEKS..  Full Article

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

UK Stocks-Factors to watch on Nov 21

Nov 21 Britain's FTSE 100 index is seen opening 12 points higher at 6,960 on Wednesday, according to financial bookmakers. * BOSTON SCIENTIFIC, BTG: US medical device maker Boston Scientific is backing its recommended cash offer for UK-based BTG plc with a £3.3bn bridge loan from Barclays Bank. * SAINSBURY, ASDA: British supermarket group Sainsbury's proposed takeover of rival Asda could lead to a further price squeeze for farmers and reduce the choice and innovation of