21 January
2025
MARSTON'S
PLC
('Marston's' or 'the
Group')
Trading Update for the 16
weeks to 18 January 2025
Strong growth over key
festive trading period1 with continued confidence in delivering
FY25 market expectations2
Marston's PLC, a leading local pub
group, issues the following trading update for the 16-week period
to 18 January 2025, in advance of the Company's Annual General
Meeting to be held at 10am today.
All sales comparisons are to the
same period in FY24.
Total retail sales in the Group's
managed and partnership pubs for the 16-week period were up +3.0%,
driven by growth in both food and drink sales, demonstrating the
continued appeal of Marston's community-based estate and leading
product offering.
Like-for-like sales during the same
period were up +2.0%, reflecting strong trading over the festive
period offset by poor weather conditions in November and
January.
During the key festive trading
period1, the two weeks which include the five key
trading days of Christmas Eve, Christmas Day, Boxing Day, New
Year's Eve and New Year's Day, like-for-like sales were very
strong, up +11.1%.
Justin Platt, CEO of Marston's PLC,
commented:
"I
am pleased to report a solid first quarter performance for
Marston's, with a particularly strong key festive trading
period1, achieving record sales on Christmas
Day."
"We are excited for the year ahead as we build on this
performance through the successful execution of our refocused
strategy, driving revenue growth through event driven marketing and
the roll out of our differentiated pub formats."
"We remain well placed to deliver FY25 market
expectations2 and the guidance set out at our October
2024 Capital Markets Day."
Notes
1 Festive trading period defined as 22 December - 4 January
inclusive
2 FY25 market consensus for underlying
PBT is £68.3m
Forthcoming Events
Please find below the forthcoming
dates for Marston's financial reporting, which are also available
on the investor calendar on our website -
www.marstonspubs.co.uk/investors
2025 Interim Results: 13 May
2025
Enquiries:
Marston's PLC
Justin Platt,
CEO
Tel: 01902 329516
Hayleigh Lupino,
CFO
Matthew Lee, Investor
Relations
matthew.lee@marstons.co.uk
Rebecca Jamieson, Investor
Relations
rebecca.jamieson@marstons.co.uk
Giles Robinson, Director of
Corporate
Affairs
giles.robinson@marstons.co.uk
Sodali & Co (Media)
Ben
Foster
Tel: 020 7250 1446
Russ
Lynch
marstons@sodali.com
Oliver
Banks
Notes to Editors
Marston's PLC, listed on the London
Stock Exchange under the ticker MARS, is a leading local pub
operator with an estate of 1,334 pubs nationally, comprising
managed, partnership ('franchised') and tenanted and leased pubs.
Marston's employs around 10,000 people. More information is
available at: https://www.marstonspubs.co.uk/.