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Marston's Appoints Two Non-Executive Directors To Board
Marston's says LFL Managed And Franchised Pub Sales up By 0.5% In 42 Week Period
Marston's Says HY Underlying Revenue Rose 5%
Marston's PLC is engaged in running pubs and beer brewing. The Company owns a range of assets from pubs to brands. The Company's segments include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed properties, accommodation and gaming machine income; Leased, which includes drink sales, rent from licensed properties and gaming machine income; Brewing, which comprises drink sales and third-party brewing, packaging and distribution, and Group Services. It operates over 1,600 pubs, inns, breweries, depots and offices. It operates over five breweries producing over 60 types of ales at its sites in Burton on Trent, Oxfordshire, Cumbria, Hampshire and the West Midlands. Its breweries supply and distribute beers to its estate, supermarkets and other pub businesses across the nation. Its brands include Hobgoblin, Pedigree, Wainwright, Banks's, Ringwood, Jennings and Brakspear.
Marstons House, Brewery Road
William J. Rucker
Independent Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer and Corporate Development Officer, Executive Director
Carolyn Jane Bradley
Senior Non-Executive Independent Director
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The boss of one of Britain's leading brewery groups, Marston's <MARS.L>, has urged Prime Minister Boris Johnson to help save pubs that are at the heart of many local communities by cutting beer duty.
** Co posts 2% rise in H1 underlying pretax profit; underlying revenue rises 5% for 26 weeks ended March 30
May 15 - Pub operator Marston's Plc said on Wednesday acquisitions and lower administrative costs helped it post a 2% rise in its half-year underlying pretax profit.
Shares in Marston Plc <MARS.L> slipped on Wednesday after the pub operator's full-year pretax profit forecast disappointed analysts who focussed on weaknesses in food sales.
Pub operator Marston's Plc said on Wednesday its total pub sales rose 3.2 percent for the year, as more customers visited its pubs in the second half due to the hot weather and the football World Cup.
Pub operator Marston's Plc <MARS.L> on Wednesday forecast revenue and profit growth this year as it posted a 20 percent rise in underlying revenue for the first half, driven by strong trading in its pubs.
British pub operator Marston's Plc <MARS.L> said on Tuesday that business in the Christmas period was marred by snowy and icy weather in the UK and would hurt its annual profit by 1 million pounds.
British pub operator Marston's Plc said on Tuesday trading in Christmas period was marred by snowy and icy weather in the UK and would hurt its annual profit by 1 million pounds ($1.40 million).
* FOR 16 WEEKS DESTINATION AND PREMIUM TOTAL SALES FOR PERIOD ARE UP 4.9% REFLECTING CONTRIBUTION FROM ESTATE EXPANSION IN 2017
Marston's Plc shares rose by nearly 10 percent after the British pub operator said on Thursday that strong sales and tighter cost control helped it post a near 3 percent rise in annual profit.
British pub operator Marston's Plc <MARS.L> said it planned to open fewer pubs, bars and lodges next year due to subdued market conditions.
* To conduct a non-pre-emptive cash placing of approximately 57.6 million new ordinary shares
* Acquisition of charles wells brewing and beer business for £55 million
* H1 underlying pretax profit rose 2.7 percent to 33.7 million stg
* Has agreed a new bank facility to replace 257.5 mln pounds existing facility which was due to expire in November 2018
* Good trading over christmas and new year period despite tough comparatives
* Have made good progress this year with underlying profit before tax in line with management expectations
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.