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Market Cap: £290.17m
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Interim Management Statement

25 Jul 2013 07:00

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

INTERIM MANAGEMENT STATEMENT

42 weeks to 20 July 2013

25 July 2013

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Trading

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

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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.

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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.

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

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

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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.

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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."

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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

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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

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ENQUIRIES:

Marston's PLC

HudsonĀ Sandler

Ralph Findlay, Chief Executive Officer

Andrew Hayes / Kate Hoare

Andrew Andrea, Chief Financial Officer

Tel: 01902 329516

Tel: 020 7796 4133

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NOTES TO EDITORS

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

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

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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.

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

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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IMSUSONROOABUAR
Date   Source Headline
5th Feb 20075:21 pmRNSTransaction in Own Shares
5th Feb 20075:11 pmRNSDirector/PDMR Shareholding
2nd Feb 20076:08 pmRNSTransaction in Own Shares
1st Feb 20075:50 pmRNSTransaction in Own Shares
31st Jan 20075:39 pmRNSHolding(s) in Company
30th Jan 20075:07 pmRNSTransaction in Own Shares
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26th Jan 20077:00 amRNSAGM Statement
25th Jan 20077:02 amRNSAcquisition
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8th Jan 20073:00 pmRNSChange of Name
8th Jan 200710:00 amRNSResult of EGM
29th Dec 200610:42 amRNSTotal Voting Rights
20th Dec 20061:33 pmRNSAnnual Information Update
18th Dec 20061:12 pmRNSDirector/PDMR Shareholding
12th Dec 200612:22 pmRNSDirector/PDMR Shareholding
12th Dec 200611:45 amRNSDirector/PDMR Shareholding
11th Dec 20064:57 pmRNSHolding(s) in Company
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1st Dec 20067:01 amRNSFinal Results
15th Nov 20065:07 pmRNSHolding(s) in Company
27th Oct 200611:37 amRNSHolding(s) in Company
17th Oct 200610:12 amRNSNew Appointment
29th Sep 20065:12 pmRNSTransaction in Own Shares
28th Sep 20065:17 pmRNSTransaction in Own Shares
27th Sep 20065:14 pmRNSTransaction in Own Shares
27th Sep 20067:01 amRNSTrading Statement
21st Sep 20062:38 pmRNSNotice of Trading Update
21st Aug 20062:43 pmRNSDirector/PDMR Shareholding
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16th Aug 20066:10 pmRNSDirector/PDMR Shareholding
16th Aug 20066:08 pmRNSDirector/PDMR Shareholding
9th Aug 20065:31 pmRNSTransaction in Own Shares
8th Aug 20065:07 pmRNSTransaction in Own Shares
8th Aug 200612:59 pmRNSDirector/PDMR Shareholding
2nd Aug 20065:27 pmRNSTransaction in Own Shares
1st Aug 20065:05 pmRNSTransaction in Own Shares
31st Jul 20065:47 pmRNSTransaction in Own Shares
28th Jul 20065:20 pmRNSTransaction in Own Shares
27th Jul 20065:11 pmRNSTransaction in Own Shares
26th Jul 20065:14 pmRNSTransaction in Own Shares
3rd Jul 200612:46 pmRNSDirector/PDMR Shareholding
29th Jun 200610:49 amRNSDirector/PDMR Shareholding
26th Jun 20062:50 pmRNSDirector/PDMR Shareholding
21st Jun 20062:30 pmRNSDirector/PDMR Shareholding
21st Jun 20062:29 pmRNSDirector/PDMR Shareholding
21st Jun 20062:28 pmRNSDirector/PDMR Shareholding
21st Jun 20062:27 pmRNSDirector/PDMR Shareholding

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