MARS Marston's Plc

 

TIDMMARS 
 
RNS Number : 8977Z 
Marston's PLC 
30 September 2009 
 

 
 
30th September 2009 
MARSTON'S PLC 
 
 
Analyst / Investor Visit 
 
 
 
 
Marston's PLC, a leading independent brewer and pub operator, announces that it 
is today hosting an analyst and investor visit to two managed houses in the new 
build format, located at Lutterworth and Kettering, and a new build site at 
Milton Lake. 
 
 
The visit will include presentations by senior management setting out Marston's 
new build strategy and expertise including demonstrating that:- 
 
 
  *  It has a strong pipeline of identified new build opportunities and is on track 
  to open 15 new food-led destination pubs over the next 12 months in line with 
  stated plans; 
  *  A track record of delivering excellent returns from new builds with an average 
  15% EBITDA return generated from similar openings over the last five years; and, 
  *  It is able to exploit opportunities with few competing buyers, increasing the 
  attractions of this investment programme over acquiring existing trading pubs. 
 
 
 
In tandem with the new build strategy, Marston's Inns and Taverns confirms that 
it has teamed up with hotel company, Travelodge to look for sites where they can 
develop a managed house alongside a hotel for mutual benefit. 
 
 
The first site will open next year in Wincanton, Somerset and will feature a 
57-room Travelodge hotel next door to a 6,500sq ft Marston's pub. Two more sites 
are expected to open this year, with a target of 10 more locations over the 
medium term. 
 
 
The managed house at Lutterworth, which forms part of the visit, is adjacent to 
an existing Travelodge. 
 
 
During the visit no new material information will be made available. 
 
 
A copy of the presentation from the site visit will be made available on the 
Company's website, www.marstons.co.uk. 
 
 
ENQUIRIES: 
 
 
+--------------+-----------------+ 
| Marston's    | Hudson          | 
| PLC          | Sandler         | 
+--------------+-----------------+ 
| Andrew       | James           | 
| Andrea,      | White / Vanessa | 
| Finance      | Laybourn        | 
| Director     |                 | 
|              |                 | 
+--------------+-----------------+ 
| Tel:         | Tel:            | 
| 01902 329516 | 020 7796 4133   | 
+--------------+-----------------+ 
 
 
 
 
NOTES TO EDITORS 
 
 
  *  Marston's is a leading independent brewer and pub operator. 
  *  It has an estate of over 2,200 pubs and bars situated across England and Wales 
  and is the UK's leading brewer of premium cask ales, including Marston's 
  Pedigree and Jennings Cumberland Ale. The beer portfolio also includes Banks's, 
  Brakspear, Hobgoblin, Mansfield and Ringwood beers. 
  *  The estate comprises 1,718 tenanted or leased pubs, and 503 managed pubs 
  including Marston's Tavern Table, Two for One and Pitcher & Piano. 
  *  Marston's employs over 11,500 people throughout England and Wales. 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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