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Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 40.15
Bid: 39.95
Ask: 40.20
Change: -0.65 (-1.59%)
Spread: 0.25 (0.626%)
Open: 41.50
High: 41.50
Low: 39.80
Prev. Close: 40.80
MARS Live PriceLast checked at -

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Pubs and restaurants trade solidly post-lockdown - survey

Mon, 26th Apr 2021 15:20

(Sharecast News) - Britain's pubs and restaurants made a solid start to post-lockdown trading in England after they were allowed to serve customers outdoors, a survey indicated.
Like-for-like sales in the week to Sunday 18 April were 24% lower than two years earlier despite being limited to al fresco trading and being up against a strong comparator week, the Coffer CGA business tracker showed.

Pubs performed better than restaurants after both groups of businesses were allowed to partially reopen from 12 April, the survey showed. Like-for-like sales at managed drink-led pubs fell 11% year on year and 22% at pub restaurants. Group-run restaurant sales fell 34% and bar sales dropped 37%.

Most pubs and restaurants stayed closed during the week and total sales were down 57% from two years earlier. Premises without outdoor space are scheduled to reopen on 17 May.

"While sales are well down on what we would expect in a normal April, managed groups are returning well after months of closure," Karl Chessell, business unit director at consultant CGA, said. "Pubs benefited from the widespread sunshine and the eagerness of consumers to drink out again after so long at home. With the weather set fair and consumers reassured about the safety of outdoor hospitality, we can expect the positive start to eating and drinking out to continue."

Pubs and restaurants got a further boost on Monday when it was reported the government had shelved plans to require customers to prove they were at low risk of having the virus before entering premises. Chessell said with some consumers cautious and the outlook uncertain pubs and restaurants would need extended government support to get back on their feet.

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21 Jan 2025 11:06

IN BRIEF: Marston's confident on profit after strong festive pub trade

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.

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Marston's sales growth slowed by harsh UK weather

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Marston's delivers 'strong growth' over key festive trading period

(Sharecast News) - Pub landlord Marston's said on Tuesday that it had delivered "strong growth" over the key festive trading period, with continued confidence in delivering FY25 market expectations.

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3 Dec 2024 11:43

Marston's confident for Christmas and future as swings to profit

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Marston's upbeat as full-year profits rise

(Sharecast News) - Pub group Marston's reported a rise in full-year profit and revenue on Tuesday as it struck an upbeat note about the outlook.

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