IN BRIEF: Marston's interim loss widens on impairments but sales rise
Marston's PLC - Wolverhampton, Midlands-based pub and hotel operator - Pretax loss widens to GBP43.5 million in the 26 weeks that ended March 30 from GBP38.1 million a year before, despite a 5.2% rise in revenue to GBP428.1 million from GBP407.0 million. Pub operating profit increases by 22% and net finance costs are reduced, but Marston's takes a GBP16.6 million loss from associates, swung from a GBP2.2 million gain a year before. This relates to an ale brand impairment and onerous contract provision at beer joint venture Carlsberg Marston's Brewing Co.
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