Marston’s
Coverage tracks the performance, strategy, and estate management of one of the UK’s largest pub operators, with more than 1,400 sites nationwide. Reporting includes updates on investment in food-led formats, pub refurbishments, leadership changes, digital ordering rollout, and the group’s brewing partnership with Carlsberg Marston’s Brewing Company (CMBC). Insight is tailored for pub operators, landlords, and suppliers monitoring market share, value-led positioning, and branded community-focused pub models.
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Oct- 2024 -9 OctoberNews
Marston’s sales increase 5.8% in FY24
Marston’s total retail sales increased 5.8% according to its preliminary results for the 52 weeks to 28 September 2024. The UK operator of 1,339 pubs said it also saw its like-for-like sales increase 4.8%, outperforming the broader market. The group said that both food and drink have shown “good momentum”…
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2 OctoberNews-In-Brief
Today’s news in brief – 02/10/24
Shepherd Neame’s revenues have hit a “record” £172.3m for the year ended 29 June, following strong performances in London and its tenanted pubs division. It comes as divisional revenues in tenanted pubs grew by 5.1% to £35.6m during the year, with divisional underlying operating profits inching up to £12.8m from…
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2 OctoberFood and Drink
UK F&B M&A up 32.4% in Q2 2024
The UK Food and Beverage M&A activity saw an increase of 32.4% year on year in Q2 2024, with 49 transactions completed, according to a new report from corporate finance house, Oghma Partners. The estimated deal value surged to approximately £6.0bn, primarily driven by a few large deals such as…
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Sep- 2024 -20 SeptemberPubs and Bars
JW Lees to acquire The Bellflower pub from Marston’s
JW Lees has agreed to acquire The Bellflower pub restaurant in Garstang Lancashire from Marston’s for an undisclosed sum. The news comes after the recent acquisition of The Craigside Hotel in Little Orme in Llandudno from Whitbread. The acquisition of The Bellflower pub restaurant will take Jw Lees’ Managed Pub…
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Jul- 2024 -26 JulyPubs and Bars
Marston’s reports 5.2% LFL sales boost
Marston’s has reported a 5.2% increase in its like-for-like sales in the year to date and a 6.2% rise in total retail sales in its managed and franchised pubs for the 42 weeks to 20 July 2024. Like-for-like sales also increased by 2.4% in the 16-week period to 20 July…
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22 JulyPubs and Bars
Marston’s secures top spot in the Tenants/Tied Partners Survey 2024
Marston’s has announced that it has secured the top spot in the Tenants/Tied Partners Survey 2024 for the second time in a row, with 79% of its partners being satisfied with the relationship between themselves and Marston’s. According to the survey, Marston’s, Admiral and Greene King have remained the top…
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9 JulyPubs and Bars
Marston’s to dispose of 40% stake in Carlesbeg JV
Marston’s has announced the sale of its 40% interest in Carlsberg Marston’s Limited to a subsidiary of Carlsberg for £206m in cash to create a business entirely focused on pubs. According to Marston’s, pubs are at the “heart of UK socialising and the UK pub market offers significant opportunities to…
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5 JulyPubs and Bars
Marston’s appoints Kenneth Lever as chair
Marston’s has announced that Kenneth Lever has been appointed as independent non-executive chair of the company with effect from 8 July 2024, following an extensive external process. Lever succeeds William Rucker who, as previously announced, steps down from the board on the same date. Lever will also be appointed as…
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May- 2024 -14 MayPubs and Bars
Marston’s reports £0.8m loss in H1 2024
British pub operator Marston’s has reported a £0.8m underlying loss before tax for the six-month period ending 30 March 2024. However, the group’s revenues increased 5.2% to £428.1m (H1 FY2023: £407.0m), with good momentum across food and drink sales and like-for-like sales up 7.3%, outperforming the broader market. The pub…
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Mar- 2024 -11 MarchNews
Marston’s chair to step down in July
Marston’s has today (11 March) announced that current chair of the group William Rucker will step down in July. After five and a half years as chair, Rucker has informed the board of his intention to step down with effect from 8 July 2024 to focus on his other increased…
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