Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 27.60
Bid: 27.60
Ask: 27.90
Change: 0.00 (0.00%)
Spread: 0.30 (1.087%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 27.60
MARS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Marston's revenues flow to record levels in 'outstanding year'

Wed, 21st Nov 2018 09:48

(Sharecast News) - Marston's reported record annual sales on Wednesday, though profits dived due to a revaluation of the pub chain's estate.For the 12-months ended 31 August statutory revenue grew by 13% to £1.14bn and statutory profit before tax dropped by 46% to £54.3m, though underlying pretax profit increased by 4% to £104m.An external estate valuation undertaken in the period resulted in a £39.8m charge to the statutory income statement, while a net revaluation increase of £8.6m was also recognised in the revaluation reserve in respect of property revaluations undertaken in the period.Like-for-like sales increased by 0.6% as wet-led pubs outperformed those that prioritised food, with weather extremes and one-off events such as the World Cup leading to an "extraordinary year".Marston's kept its final dividend at 4.8p per share and had cash and cash equivalents of £41.4m, down from £54.6m at the same point last year.Ralph Findlay, chief executive of Marston's, said: "Marston's has performed well in a difficult market. Our balanced business model has stood us in good stead, delivering record sales and underlying profits with revenue exceeding £1.1 billion for the first time. Our Taverns wet-led community pubs and market-leading brewing business had an outstanding year."Looking forward, the business remains cautious on its outlook given the nature of ongoing Brexit negotiations, but noted that risks were "manageable" as almost the entirety of its business lies in the UK.Principle risks are therefor the sustained supply of food and drink from the continent, though the AIM traded company highlighted that alternative sources could be used."Macro-economic and political uncertainty is reflected in our capital plans this year. However, the outlook for good pubs and brewing remains attractive and Marston's is well placed to leverage the opportunity this presents with our high quality, well invested estate, leading brands and great people. We expect to make positive progress once again in the current financial year," said Findlay.Marston's shares were up 0.22% at 99.70p at 1019 GMT.
More News
15 Dec 2023 10:19

SMALL-CAP WINNERS & LOSERS: Marston's continues to rise after upgrade

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more
14 Dec 2023 13:03

Broker tips: Compass, Marston's, Ocado, Hochschild

(Sharecast News) - JP Morgan upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.

Read more
14 Dec 2023 10:48

JP Morgan upgrades Compass and Marston's to 'overweight'

(Sharecast News) - JP Morgan has upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.

Read more
14 Dec 2023 10:07

SMALL-CAP WINNERS & LOSERS: abrdn Diversified Income up on wind down

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Read more
14 Dec 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises Compass and Marston's

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
14 Dec 2023 09:04

LONDON MARKET OPEN: Stocks rally on dovish Fed; eyes on Boe, ECB

(Alliance News) - Stock prices in London rallied at the open on Thursday, as investors celebrated anticipated cuts to US interest rates in 2024.

Read more
5 Dec 2023 12:35

Marston's swings to annual loss on costs but optimistic for Christmas

(Alliance News) - Marston's PLC on Tuesday gave an upbeat trading outlook ahead of Christmas despite an annual swing to a loss which saw costs outpace revenue growth.

Read more
5 Dec 2023 09:17

Marston's reports underlying full-year growth

(Sharecast News) - Pub operator Marston's reported total underlying revenue of £872.3m in its preliminary results on Tuesday, up from £799.6m year-on-year.

Read more
28 Nov 2023 15:36

UK earnings, trading statements calendar - next 7 days

Wednesday 29 November 
Amaroq Minerals LtdQ3 Results
Benchmark Holdings PLCFull Year Results
Braemar PLCHalf Year Results
Cordiant Digital Infrastructure LtdHalf Year Results
CVS Group PLCTrading Statement
Esken LtdHalf Year Results
Impax Asset Management Group PLCFull Year Results
Halfords Group PLCHalf Year Results
Harbour Energy PLCTrading Statement
Pennon Group PLCHalf Year Results
Vinanz LtdQ3 Results
Thursday 30 November 
Carclo PLCHalf Year Results
Dr Martens PLCHalf Year Results
Genedrive PLCFull Year Results
James Latham PLCHalf Year Results
LXi REIT PLCHalf Year Results
ME Group International PLCTrading Statement
Mitchells & Butlers PLCFull Year Results
TClarke PLCTrading Statement
Tharisa PLCFull Year Results
Walker Crips Group PLCHalf Year Results
Zoo Digital Group PLCHalf Year Results
Friday 1 December 
Mind Gym PLCHalf Year Results
Monday 4 December 
One Health Group PLCHalf Year Results
SDCL Energy Efficiency Income Trust PLCHalf Year Results
Tuesday 5 December 
Ashtead Group PLCHalf Year Results
CML Microsystems PLCHalf Year Results
discoverIE Group PLCHalf Year Results
Ferguson PLCQ1 Results
Gooch & Housego PLCFull Year Results
Iomart PLCHalf Year Results
Marston's PLCFull Year Results
On The Beach Group PLCFull Year Results
Oxford Metrics PLCFull Year Results
Peel Hunt LtdHalf Year Results
Premier Miton Group PLCFull Year Results
Solid State PLCHalf Year Results
SSP Group PLCFull Year Results
TPXimpact Holdings PLCHalf Year Results
Tritax EuroBox PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
22 Nov 2023 16:54

LONDON MARKET CLOSE: Shares mixed on Autumn statement; pubs get boost

(Alliance News) - Stock prices in London closed mixed on Wednesday, following the UK'S Autumn statement, which had no big surprises for investors.

Read more
17 Nov 2023 11:05

IN BRIEF: Marston's hires Merlin executive Justin Platt as new CEO

Marston's PLC - Wolverhampton, England-based Marston's operates 1,440 pubs - Hires Justin Platt as new chief executive officer, starting January 10. Platt replaces Andrew Andrea, who steps down immediately after more than 20 years with the company. The Marston's management team will report to Chair William Rucker in the interim. Platt was most recently chief strategy officer of Merlin Entertainment, a former London listing that operates amusement parks and other visitor attractions. He had worked for Merlin for 12 years. Marston's adds that trading remains in line with management expectations. It will release its financial 2023 results on December 5.

Read more
17 Nov 2023 07:52

Marston's appoints Justin Platt as CEO as Andrea steps down

(Sharecast News) - Marston's said on Friday that Andrew Andrea has agreed to step down as chief executive with immediate effect after more than 20 years at the pub group, and will be succeeded by Justin Platt on 10 January 2024.

Read more
11 Oct 2023 12:10

LONDON MARKET MIDDAY: FTSE 100 outperforms on boost from utilities

(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as investors nervously eyed two key pieces of US inflation data, though the FTSE 100 pushed higher thanks to gains amongst its utility stocks.

Read more
11 Oct 2023 09:52

Marston's sales growth continues, operating profits seen higher in FY24

(Sharecast News) - Pub and hotel operator Marston's said on Wednesday that sales growth had remained solid in 2023, while operating profits looked set to improve during the following fiscal year.

Read more
11 Oct 2023 09:51

Marston's hails rise in sales in financial year as weather improves

(Alliance News) - Pub chain Marston's PLC on Wednesday said retail sales rose 11% in its recent financial year, after a wet mid-summer in the UK gave way to a fine September.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.