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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Marston's Plc | MARS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.25 | -0.92% | 27.00 | 13:57:43 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 27.00 | 27.00 | 27.00 | 27.25 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 27/11/2019 | Final | GBP | 0.048 | 12/12/2019 | 13/12/2019 | 27/01/2020 |
| Interim | GBP | 0.048 | 11/12/2019 | 13/12/2019 | 27/01/2020 | |
| 01/05/2019 | Interim | GBP | 0.027 | 23/05/2019 | 24/05/2019 | 02/07/2019 |
| Interim | GBP | 0.027 | 22/05/2019 | 24/05/2019 | 02/07/2019 |
| Top Posts |
|---|
Posted at 16/4/2024 13:07 by fenners66 The other thing that consistently annoys me about "adjusted" numbersis the unamortised finance costs that never run to term (most companies) I have seen year after year of "adjusted" or in other words "exceptional" finance costs written off. If they do it every time / every year its the ordinary course of business ! It is underlying ! So at the last balance sheet date Mars had £3.4m with less than one year left. If they can reissue that debt no doubt some bright spark will look to reanalyse some of that as "non-underlying" |
Posted at 15/4/2024 02:57 by boffster On the face of it, Stonegate's balance sheet looks weaker than MARS.They have around 2x the revenue and operating profit, about 2.5x the debt, and much lower reported NAV. |
Posted at 01/4/2024 14:26 by hamhamham1 Carlsberg Marston's Brewing Company (CMBC)Income from associates was £9.9 million (2022: £3.3 million), which is the Group's share of the statutory profit after tax generated by CMBC. CMBC's results show an improvement from last year. Dividends from associates of £21.6 million were received (2022: £19.4 million), the prior year dividend having primarily resulted from one-off working capital movements. We remain confident that we will continue to receive future dividends from CMBC as its trading continues to improve. |
Posted at 29/3/2024 08:41 by careful Red cat reporting administration move.It seems the whole sector is shrinking. MARS at market cap of just £180m, with 1400 pubs assumes the worst. Hoping that they manage to reduce net debt to target £1bn by improved cash flow and good trading, plus selected asset disposals. If they manage this well there could be big gains here, but it will be a grind. Eye watering assets in excess of £2bn should help. Reading JDW thread to get a feel. A different culture and approach with 4 times the market cap of Mars, twice the turnover, fewer pubs and a lower net asset value. With these companies there are often complex financial arrangements such as interest rate swaps which the private investor cannot hope to understand, but we live in hope. |
Posted at 25/3/2024 13:58 by careful Net assets are about twice those of JDW.And yet we are about 25% of the market value. JDW has a bigger turnover but assets should count in a business such as this. If MARS continue to improve trading and cash-flow we should prosper. |
Posted at 14/3/2024 19:11 by dexdringle For years, Marstons paid a dividend of around 7p a share which stopped dead in 2020.What is the point of the business if it isn't providing a return to the owners ? In the absence of any likelihood of a return to dividends, surely the most sensible thing to do would be to gradually liquidate assets, clear debt and return the surplus to shareholders ? |
Posted at 11/3/2024 07:52 by skinny Marston's PLC today announces that following five and a half years as Chair of the Group, William Rucker has informed the Board of his intention to step down from his role as Director and Chair of the Board with effect from 8 July 2024 in view of his other increased business commitments which include William becoming Chair Designate of the British Land Company PLC with effect from 9 July 2024.The Nominations Committee, led by Senior Independent Director, Octavia Morley, is overseeing a comprehensive search process to appoint his successor. A further announcement will be made in due course. William Rucker, commented: "It has been a real privilege and honour to serve as Chair of Marston's PLC. I am confident that Marston's is in great shape and in good hands as the Company prepares for the next phase of its development with Chief Executive Officer, Justin Platt at the helm. I wish Justin and the wider team every success in the future." |
Posted at 25/1/2024 15:27 by darrin1471 I can't think of a single location locally where JDW have bought a pub off another operator. JDW normally buy or lease a non pub building and spend £1m+ making it into a pub.JDW have been shrinking their pub estate for a few years now, so Tim Martin talking about 1000 pubs again raised a few eyebrows. I hold £1 in MARS shares for every £6 I hold in JDW. I have be waiting for a MARS breakout since November 2022 |
Posted at 17/11/2023 12:12 by waldron Marston's announces former Merlin exec Justin Platt as new boss after Andrew Andrea stands downAndrew Andrea succeeded long-time boss Ralph Findlay as CEO in October 2021 Marston's has named Merlin Entertainment's Justin Platt as Andrea's successor By Harry Wise Updated: 11:19 GMT, 17 November 2023 Pub group Marston's has appointed former Merlin Entertainments executive Justin Platt as its new boss. It comes as Andrew Andrea announced he will quit the role, which he has held for two years, with immediate effect. Andrea succeeded longtime boss Ralph Findlay as the pub chain's CEO in October 2021, having spent the 12 previous years as its chief financial officer. Marston's said that while Andrea had stood down with immediate effect, he would remain at the firm 'for a period to ensure a smooth handover of responsibilities.' Platt will take charge on 10 January, and Marston's executive team will report to chairman William Rucker in the meantime. Platt is the current chief strategy officer of Merlin Entertainments, which runs the theme parks Alton Towers and Chessington World of Adventures. Prior to Merlin, he worked for AstraZeneca as its global consumer marketing director and had also spent time at Kellogg's, Imperial Leather owner PZ Cussons, and GlaxoSmithKline - since renamed GSK. Rucker said Platt's 'broad consumer sector expertise, strategic acumen and prowess in customer experience at Merlin will be of great benefit to Marston's at this stage in the company's journey.' Andrea told investors: 'I am extremely proud to have navigated Marston's out of the pandemic as a focussed pub business and put in place a first-class management team who are achieving market outperformance. 'This is the right time for me to step down, and I am confident the business is in great shape with strong future potential.' His tenure at Marston's has been filled with dramatic changes at the Wolverhampton-based company, including the £780million merger of its brewing operations with Carlsberg's UK division in 2020. More notably, it coincided with the Covid-19 pandemic causing heavy damage to the British hospitality sector as 'non-essential' businesses were forced to temporarily close. As lockdown-related restrictions were loosened, Marston's rebounded more quickly than many other pub groups due partly to the growth in hybrid working and its sites being predominantly located in rural and suburban locations. It has also dealt reasonably well with elevated inflationary pressures by hedging gas and electricity costs, although the company has not paid a dividend for the past three years because of heightened economic uncertainty. Last month, Marston's declared that operating profits were set to be higher than anticipated in the current fiscal year following head-office cost reductions. The firm made the forecast alongside results showing that like-for-like turnover grew by 10.1 per cent in the year ending September thanks to strong food and drink sales. Trading received a further boost from the extra bank holiday in May to celebrate King Charles III's coronation and the FIFA World Cup last winter. Russ Mould, investment director at AJ Bell, said: 'Marston's has been trading well, and Mr Andrea has steered the group through a tough period following the pandemic. 'Marston's has always been a "steady as she goes" type of business, so to bring in someone from outside of the pubs sector to run it implies a shift in thinking.' Marston's shares were 0.8 per cent lower at 32.25p on Friday morning, meaning they have slumped by 69 per cent in the past five years. the daily mail money mail |
Posted at 12/12/2022 23:56 by southernsong Just look at these bounce-back figures.They are impressive and show that a recovery is well underway. On top of those figures (to October 22), sales are looking to be up a further c.7%. SP lagging behind but it will correct itself. A broader improvement in macroeconomic situation will see stocks like MARS move back up swiftly. I accumulate down here and await that scenario. NAI and GL. Marston's PLC Preliminary Results for 52 weeks ended 1 Oct 2022 06/12/2022 7:00am UK Regulatory (RNS & others) Marston's (LSE:MARS) Historical Stock Chart From Nov 2022 to Dec 2022 Click Here for more Marston TIDMMARS RNS Number : 6650I Marston's PLC 06 December 2022 6 December 2022 MARSTON'S PLC RESULTS FOR THE 52 WEEKSED 1 OCTOBER 2022 IMPROVED PROFITABILITY, SUBSTANTIAL INCREASE IN NET ASSET VALUE AND POSITIVE CASH FLOW WITH CONTINUED STRATEGIC MOMENTUM Marston's, a leading UK operator of 1,468 pubs, today announces its Preliminary Results for the 52 weeks ended 1 October 2022. The period under review, which commenced on 3 October 2021, included a period of disrupted trading in December 2021 /January 2022 due to the re-emergence of COVID-19 in the form of the Omicron variant. Underlying* Total* 2022 2021 2022 2021 --------- ------------ ---------- ------------ Total revenue GBP799.6 GBP401.7 GBP799.6 GBP401.7 m m m m --------- ------------ ---------- ------------ Pub operating profit/(loss) GBP115.4 GBP 5.7 GBP 142.1 GBP (90.5) m m m m --------- ------------ ---------- ------------ Share of associate GBP3.3 m GBP (14.5) GBP 3.3 GBP (14.5) m m m --------- ------------ ---------- ------------ Profit/(loss) before GBP27.7 GBP (101.3) GBP 163.4 GBP (171.1) tax m m m m --------- ------------ ---------- ------------ Net profit/(loss) GBP27.5 GBP (86.2) GBP 137.2 GBP (128.3) m m m m --------- ------------ ---------- ------------ Earnings/(loss) per share 4.3 p (13.6) p 21.7p (20.3) p --------- ------------ ---------- ------------ Net cash inflow/(outflow) GBP26.2 GBP118.1 GBP26.2 GBP118.1 m m m m --------- ------------ ---------- ------------ NAV per share GBP1.02 GBP0.64 --------- ------------ ---------- ------------ *From continuing operations Return to more normalised trading despite Omicron disruption -- Full year like-for-like sales 99% of 2019 despite disrupted Christmas trading period -- Drink sales continued to outperform food sales demonstrating the trading resilience of the Group's predominantly community pub estate -- Final 10 weeks of FY2022 like-for-like sales were +3% vs. 2019 and +4% vs. 2021 -- Increase in pub operating profit: GBP115.4 million (FY2021: GBP5.7 million) -- Improved share of CMBC's profits: GBP3.3m (FY2021: loss of GBP(14.5) million) Positive cash generation, debt reduction and NAV increase -- GBP26 million net cash inflow from operating activities; underlying net cash inflow (excluding one-offs) of GBP48 million -- Continued progress with debt reduction strategy: net debt (excluding IFRS 16) reduced by GBP16 million to GBP1,216 million (2021: GBP1,232 million) despite the one-off GBP22 million net outflows outlined previously -- Property value GBP2.1 billion, representing an increase of GBP93.4 million vs. 2021 -- Net asset value (NAV) per share increased by c.60% from GBP0.64 to GBP1.02 since October 2021 -- GBP9.9 million generated from non-core disposals; disposals 40% ahead of net book value Positive momentum on "Pubs to be proud of" strategy -- "Back to a Billion": sales and net debt targets by 2026 -- Significant improvement in guest, engagement and standards metrics -- Continued focus on repositioning pub estate into simplified format structure to generate strong returns: 22 transformational conversions completed and successful exit from Two for One format -- Simplification of menus driving guest satisfaction and spend per head; enhanced operational and purchasing efficiencies -- Commencement of new digital strategy following external appointment of Director of Digital -- People change programme including significant change in leadership and operational teams, reshaped reward and enhanced engagement and training programme -- Strong ESG agenda encapsulated by "Doing more to be proud of" including energy saving initiatives, focus on social purpose and good governance with improving EHO scores Current trading and outlook -- Well-positioned to meet challenging market conditions -- Positive current trading, with like-for-like sales in the last 8 weeks +6.8% vs. last year -- Well-positioned, predominantly freehold pub estate with limited exposure to city centres -- Continued investment in repositioning the pub estate -- Managing inflationary challenges within our control: offsetting costs through efficiencies and pricing strategies -- The first winter World Cup and the first Christmas period without restrictions in three years to look forward to. For the two England World Cup games, like-for-like drink sales were c.+50% vs. 2021 Commenting, Andrew Andrea, CEO said: " I am pleased to report a strong performance over the last 12 months evidenced by a doubling of revenue growth, a return to profit and steady progress with our debt reduction strategy. We have a clear and focused strategy which provides a strong platform for future growth, and it is encouraging to see the actions and initiatives which we have undertaken in 2022 beginning to deliver positive results. Demand for our predominantly community-based pubs continues to be encouraging despite ongoing macro uncertainty and our estate is well-placed to benefit from changing patterns in consumer behaviour. We are managing cost inflation well and remain confident that our commitment to continue to reduce the Group's debt and return sales to back to GBP1 billion will drive NAV and shareholder value. Current trading to the end of November has been positive with encouraging levels of Christmas bookings as we look forward to the first restriction free festive period in three years. Additionally, the World Cup has benefited trading, delivering like for like drink sales of c.+50% for the home team games. Whilst uncertainty remains, Marston's remains well-financed and in great shape to weather the challenges ahead with the right formula, the right strategy and the right team to continue to make progress and deliver shareholder value. " |
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