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Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
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Share Price: 40.50
Bid: 38.60
Ask: 42.40
Change: 0.00 (0.00%)
Spread: 3.80 (9.845%)
Open: 0.00
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Prev. Close: 40.50
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IN BRIEF: Marston's confident on profit after strong festive pub trade

Tue, 21st Jan 2025 11:06

Marston's PLC - Wolverhampton, England-based based operator of 1,334 pubs across UK - Expects to meet market expectations for GBP68.3 million in underlying pretax profit for financial 2025, which runs to the end of September, after a "particularly strong key festive trading period". This would be up 62% from GBP42.1 million in financial 2024. In the 16 weeks that ended on Saturday, total retail sales in managed and partnership pubs was up 3.0% on year, driven by both food and drink sales, Marston's says. Within this, like-for-like sales were up 2.0%, as the core Christmas period offset poor weather in November and January. In the two weeks from December 22 to January 4, LFL sales were up 11% on year, including "record" sales on Christmas Day itself. Marston's will publish its half-year results on May 13.

Current stock price: 41.00 pence, down 3.1% in London on Tuesday

12-month change: up 23%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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