Brewing giant slumped to loss ahead of Marston’s selling up to Carlsberg Business The brewing joint venture worth almost £800m between Marston’s and Carlsberg slumped to a loss in the year before the pub giant sold its stake, it has been revealed. Carlsberg Marston’s Brewing Company made a pre-tax loss of £25.2m in 2023, according to newly-filed accounts with Companies House, having posted a pre-tax profit of £7.1m [...]
Fuller’s snaps up pint-sized Warwickshire pub chain Lovely Pubs hospitality Fuller’s has snapped up a chain of seven pubs in Warwickshire in a deal worth £22.5m. Fuller’s said it had bought the Lovely Pubs group, which has a seven-strong portfolio of six freehold sites and one pub with a 16-bedroom inn. The firm said the deal would expand its presence in the Midlands as it [...]
Marston’s: Euros boost for pub chain after Carlsberg deal Leisure England's success at the Euros helped boost sales at one of the UK's largest pub chains, weeks after the company sold its brewing business to Carlsberg.
Marston’s shares jump after it books £206m windfall from Carlsberg split to focus ‘entirely on pubs’ July 8, 2024 Pub group Marston's has sold its stake in Carlsberg for more than £200m as bosses outlined plans to focus "entirely on pubs".
Marston’s optimistic for Euros summer as profit rises on beer and pub grub May 14, 2024 The outlet which operates 1,395 pubs across the country told markets this morning it had posted an increase in revenue and profit for the 26 weeks up to 30 March, as sales outperformed the market.
British Land crowns former Lazard man as chair March 11, 2024 Property giant British Land has appointed banking veteran William Rucker as its new chair, replacing Tim Score.
Marston’s: Revenues up as firm looks to get borrowing below £1bn by disposing non-core assets December 5, 2023 Pub chain Marstons said revenues grew during the preliminary year, but operating profits lay flat, as it dealt with the hangover of high inflation.
Marston’s appoints new chief from Merlin Entertainments as long-standing Andrea hangs up hat November 17, 2023 Pub chain Marston's has appointed a new chief executive, Justin Platt, to replace the long-standing Andrew Andrea.
Marston’s pubs: No change in Brits’ appetite for a night out May 16, 2023 Marston’s recorded a near 11 per cent rise in sales in the first half on the back of its strong drinks sales, a trend that has continued over the past few weeks. Marston’s said the continued strength of drink sales demonstrated the resilience of its community pub estate in spite of the economic environment. In [...]
Marston’s swings back to profit as pub chain anticipates Christmas without Covid limits December 6, 2022 Marston’s has welcomed being in the black, after trade at its pub estate recovered from the side effects of Covid-19 lockdowns this year. In results for the year to 1 October, the community pub operator posted a total profit before tax of £163.4 m, versus a loss of £171.1m the year prior. The operator of around [...]