Pub/Bar/Nightclub

Marston's Half-Year Profit Rises On Cost Control, Acquisitions

By Dave Simpson
Marston's Half-Year Profit Rises On Cost Control, Acquisitions

Pub operator Marston's Plc has said that acquisitions and lower administrative costs helped it post a 2% rise in its half-year underlying pre-tax profit.

Revenue And Momentum

The Wolverhampton-based company, which brews ales such as Lancaster Bomber, Brakspear and Mansfield, said that underlying revenue rose 5% to £553.1 million for the 26 weeks that ended on March 30.

The company also said that momentum was maintained in the second half of the year on strong Easter sales.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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