Users can now access private company data from theJP Jenkins marketplace

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

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.

Related Shares

More News
4 Mar 2025 07:45

LONDON BRIEFING: Stocks called lower but UK food prices rise

(Alliance News) - The FTSE 100 was called down on Tuesday following news that the US government is moving forward with planned tariffs of up to 25% ag...

17 Feb 2025 09:38

LONDON BROKER RATINGS: Investec raises Mony; Peel Hunt lifts Ferrexpo

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

21 Jan 2025 17:12

Earnings, rate cut bets lift UK stocks

Sterling dips as UK jobless rate rises *

21 Jan 2025 12:04

LONDON MARKET MIDDAY: Stocks mixed as Donald Trump sows confusion

(Alliance News) - Stock prices in London were mostly higher at midday on Tuesday with the Bank of England remaining likely to cut rates in February, d...

Make Better Investment Decisions

Register for FREE

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.