Edition:
United States

Marston's PLC (MARS.L)

MARS.L on London Stock Exchange

134.50GBp
30 Mar 2017
Change (% chg)

-0.10 (-0.07%)
Prev Close
134.60
Open
134.70
Day's High
135.02
Day's Low
133.80
Volume
55,352
Avg. Vol
2,474,948
52-wk High
157.60
52-wk Low
126.80

Latest Key Developments (Source: Significant Developments)

Marston's announces new bank facility to replace 257.5 mln pounds existing facility
Monday, 20 Mar 2017 03:00am EDT 

Marston's Plc : Has agreed a new bank facility to replace 257.5 mln pounds existing facility which was due to expire in November 2018 . New facility extends to March 2022 . Comprises a 320 million pounds loan commitment, with an incremental 40 million pounds accordion facility providing additional flexibility, at improved terms .New facility will be provided by Barclays, Lloyds, HSBC, Santander and Bank Of Ireland.  Full Article

Marston's says comparable sales up 1.8 percent over recent 10 weeks
Wednesday, 12 Oct 2016 02:00am EDT 

Marston's Plc : Year-End trading update . Have made good progress this year with underlying profit before tax in line with management expectations . In destination and premium, like-for-like sales were 2.3 pct ahead of last year including food like-for-like sales growth of 1.7 pct . Wet like-for-like sales growth of 2.3 pct, underpinned by strong growth in room income . In last 10 weeks of period like-for-like sales have grown 1.8 pct . Operating margin is in line with last year and we completed 22 new pubs and bars and six lodges in financial year just ended . Marston's - in 2017 financial year we plan to open at least 22 pubs and bars and at least five lodges with openings programme weighted towards second half year . Continue to have a good pipeline of sites to maintain similar levels of expansion for foreseeable future . In taverns, like-for-like sales were 2.7 pct ahead of last year, with growth of 2.0 pct in last 10 weeks including a strong performance in our franchise estate . In leased, like-for-like profits are estimated to be up 2 pct compared to last year. . Marston's - in brewing, our beer brands have performed very strongly, with own-brand volumes up 13 pct for financial year and profits in line with management expectations. .Trading has continued at similar levels since year end which is encouraging.  Full Article

Marston's says comparable sales up 1.8 pct over recent 16 weeks
Wednesday, 27 Jul 2016 02:00am EDT 

Marston's Plc : Have continued to make progress in line with our expectations . In destination and premium, like-for-like sales for 42 week period were 2.5 pct ahead of last year . In most recent 16 weeks of period, like-for-like sales were up 1.8 pct despite anticipated adverse impact of Euro 2016 football tournament . Remain on track to meet our growth targets for 22 pub restaurants and bars in current financial year in addition to six lodges .We have not seen any discernible impact on trading to date.  Full Article

Marston's says on track for the full year
Wednesday, 18 May 2016 02:34am EDT 

Marston's Plc : Full year plans on track, performance to date in line with expectations . At least 20 new pubs this financial year, including two revere bars . H1 underlying pretax profit rose 11.8 percent to 33.1 million stg .Interim dividend up 4 percent to 2.6 penceper share.  Full Article

Marston's PLC proposes final dividend
Thursday, 26 Nov 2015 02:00am EST 

Marston's PLC:Says final dividend for 2015 of 4.5p per share amounting to £25.8 million has been proposed for approval at annual general meeting.Says that subject to approval at annual general meeting, this dividend will be paid on Feb. 1, 2016 to those shareholders on register at close of business on Dec. 18, 2015.  Full Article

More From Around the Web

BRIEF-Marston's announces new bank facility to replace 257.5 mln pounds existing facility

* Has agreed a new bank facility to replace 257.5 mln pounds existing facility which was due to expire in November 2018