Marston’s PBT up 64.5% to £42.1m
Marston’s stated that the sale of 40% stake in CMBC was a defining moment for the group, creating a pure-play hospitality business wholly focused on running and operating pubs

Register to get 1 more free article
Reveal the article below by registering for our email newsletter.
Want unlimited access? View Plans
Already have an account? Sign in
Marston’s has revealed that its underlying profit before tax rose 64.5% to £42.1m for the year ended 28 September 2024.
Moreover, the company’s pub operating profit was up 17.9% to £147.2m compared with a figure of £124.8m in the same period last year.
Alongside this, its revenues were up 3.0% to £898.6m, up from £872.3m in the previous year.
Its LFL sales also rose 4.8%, consistently outpacing the broader market, with growth in both food and drink sales.
Marston’s stated that the sale of 40% stake in CMBC was a defining moment for the group, creating a pure-play hospitality business wholly focused on running and operating pubs.
Justin Platt, CEO of Marston’s PLC, said: “2024 has been a defining year for Marston’s as we began an exciting new chapter as a leading pure-play hospitality business. The sale of our stake in CMBC has been transformational, enabling us to significantly reduce debt, increase our flexibility and focus on what we do best: running great local pubs.
“This single-minded focus, combined with our rejuvenated strategy, is already showing strong financial results. We’ve delivered like-for-like sales growth ahead of the market, significant margin improvements and robust cash flow, while current trading is encouraging with Christmas bookings already ahead of last year.”
He added: “Community-based pubs like ours play an essential role in UK society, backed by our hardworking local teams who give our guests great experiences every single day. All this gives Marston’s a superb foundation for sustainable, long-term growth, and fills us with confidence for 2025 and beyond.”