Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarstons Regulatory News (MARS)

Share Price Information for Marstons (MARS)

Share Price is delayed by 15 minutes
Get Live Data
45.85    0.05 (0.11%)
Bid:
45.60
Ask:
45.90
Spread: 0.30 (0.658%)
Market Cap: £290.17m
MARS Live PriceLast checked at - London Stock Exchange

Intraday Marstons Share Chart

Interim Management Statement

25 Jul 2013 07:00

RNS Number : 0905K
Marston's PLC
25 July 2013
 



 

MARSTON'S PLC

INTERIM MANAGEMENT STATEMENT

42 weeks to 20 July 2013

25 July 2013

 

Trading

As expected, our trading performance since the announcement of our interim results has been strong.

 

In Destination and Premium pubs, like-for-like sales for the 42 week period were 2.1% ahead of last year, including like-for-like food sales growth of 3.7% and like-for-like wet sales up 0.5% on last year. Like-for-like sales over the 10 weeks to 20 July were 6.0% ahead of last year. We have opened 16 new pub-restaurants in the year to date.

 

In our Taverns community pubs, performance in the second-half year to date is in line with last year with growth in our franchise pubs against strong comparatives that included the positive impact of the Euro 2012 football tournament as well as disposals, which are ahead of schedule.

 

In our Leased pubs, performance for the second half year to date is in line with last year.

 

In brewing, we have made excellent progress against a declining market, with year to date own-brewed beer volumes up around 6%.

 

We are ahead of target in disposing of our non-core pubs, with proceeds to date of £35 million and a revised forecast of around £50 million by the year-end.

Commenting, Ralph Findlay, Chief Executive Officer said:

''Our focus on value for money, quality and great service is generating strong growth in our Destination pubs, with increased customer visits reflecting the appeal of our offers.

 

The key elements of our strategy - the development of new-build pub restaurants; the increased licensee support and improved consumer offers facilitated by franchise agreements; and a brewing business focused on premium beers and local ales, are all on track."

 

Forthcoming Events

Please find below the forthcoming reporting dates for the Group, which are also available on the investor calendar on our website, www.marstons.co.uk/investors

 

Year end trading statement

9 October 2013

2013 Preliminary results

28 November 2013

2014 Interim Results

15 May 2014

2014 Preliminary results

27 November 2014

 

ENQUIRIES:

Marston's PLC

Hudson Sandler

Ralph Findlay, Chief Executive Officer

Andrew Hayes / Kate Hoare

Andrew Andrea, Chief Financial Officer

Tel: 01902 329516

Tel: 020 7796 4133

 

NOTES TO EDITORS

Marston's is a leading pub operator and independent brewer.

It has an estate of around 2,100 pubs situated nationally; comprising tenanted, leased, franchised and managed pubs.

It is the UK's leading brewer of premium cask and bottled ales, including Marston's Pedigree and Hobgoblin. The beer portfolio also includes Banks's, Jennings, Wychwood, Ringwood, Brakspear and Mansfield beers.

Marston's employs over 12,000 people throughout England and Wales.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSUSONROOABUAR
Date   Source Headline
31st Mar 200911:21 amRNSAppointment - Group Finance Director
5th Mar 20094:16 pmRNSDirector/PDMR Shareholding
27th Feb 20092:31 pmRNSTotal Voting Rights
25th Feb 20099:00 amRNSNotice of Trading Update
12th Feb 20099:30 amRNSAppointment of Group Finance Director
3rd Feb 200910:00 amRNSBoard Change
30th Jan 200911:05 amRNSTotal Voting Rights
28th Jan 20094:38 pmRNSDirector/PDMR Shareholding
27th Jan 200912:35 pmRNSHolding(s) in Company
23rd Jan 20094:05 pmRNSResult of AGM
23rd Jan 20097:00 amRNSAGM and Interim Management Statement
20th Jan 20093:39 pmRNSDirector/PDMR Shareholding
13th Jan 20097:00 amRNSFORMAL AGREEMENT ON BANK FACILITY EXTENSION
12th Jan 20093:01 pmRNSBlocklisting Interim Review
12th Jan 20092:29 pmRNSHolding(s) in Company
30th Dec 20083:07 pmRNSTotal Voting Rights
19th Dec 20084:24 pmRNSAnnual Information Update
19th Dec 20088:00 amRNSAnnual Report and Accounts
12th Dec 20083:06 pmRNSDirector/PDMR Shareholding
11th Dec 200810:34 amRNSDirector/PDMR Shareholding
10th Dec 20087:00 amRNSHeads of terms agreed on banking facility ext.
5th Dec 20087:00 amRNSFinal Results
28th Nov 20082:13 pmRNSTotal Voting Rights
28th Oct 20082:22 pmRNSTotal Voting Rights
15th Oct 20087:00 amRNSTrading Statement
9th Oct 20089:35 amRNSTreasury Stock
6th Oct 20081:37 pmRNSDirector/PDMR Shareholding
30th Sep 20085:00 pmRNSDirector/PDMR Shareholding
30th Sep 20084:55 pmRNSDirector/PDMR Shareholding
29th Sep 20084:38 pmRNSTotal Voting Rights
16th Sep 20083:39 pmRNSNotice of Trading Update
2nd Sep 20085:47 pmRNSDirector/PDMR Shareholding
29th Aug 20089:46 amRNSTotal Voting Rights
30th Jul 200811:12 amRNSTotal Voting Rights
28th Jul 20087:00 amRNSInterim Management Statement
14th Jul 20083:52 pmRNSDirector/PDMR Shareholding
10th Jul 20084:22 pmRNSNotice of Interim Management
9th Jul 200810:55 amRNSBlocklisting Interim Review
9th Jul 200810:53 amRNSBlocklisting Interim Review
9th Jul 20089:19 amRNSDirector/PDMR Shareholding
2nd Jul 200812:46 pmRNSDirector/PDMR Shareholding
1st Jul 20082:59 pmRNSDirector/PDMR Shareholding
30th Jun 20084:45 pmRNSDirector/PDMR Shareholding -
30th Jun 20083:31 pmRNSDirector/PDMR Shareholding
30th Jun 200812:19 pmRNSTotal Voting Rights
4th Jun 20089:22 amRNSDirector/PDMR Shareholding
4th Jun 20089:21 amRNSDirector/PDMR Shareholding
4th Jun 20089:21 amRNSDirector/PDMR Shareholding
4th Jun 20089:21 amRNSDirector/PDMR Shareholding
4th Jun 20089:18 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.