pre tax (operational) will be £68m
market cap. £268m
asset per share north of 100p.
the share price is far too low.
ridiculous, hang in there this must be re rated. |
"We remain well placed to deliver FY25 market expectations and the guidance set out at our October 2024 Capital Markets Day." |
So 14 of the last 16 weeks LFL was +0.7% and costs were ? |
Many thanks |
1knocker
Try this link |
I've just got my discount vouchers when I looked at places to spend them as I travel allover they were discounting 30% anyway taking the pis |
I received a book of shareholder vouchers this month, but site it directs me to for the list of participating outlets does not seem to exist! |
M&B update today bodes well for next Tuesday. |
Alarm bells ringing, higher borrowing costs, Labour haven’t a clue what they are doing, equities are very over valued, not the juncture to buy any
The yield on the 10-year gilt - the interest rate at which the government pays back a decade-long loan to investors - has risen to 4.86%, its highest level for 17 years.🚨€680;
The 30-year gilt rose to 5.42%, its highest level in 27 years.🚨€680; |
Boi totally agree |
careful - I received mine - pity there are no decent Marston pubs near me. |
received some '30% off' vouchers in the post today.
shareholder perks.
For food at Marston pubs. |
I see that the Wellcombe Trust have increased their shareholding to over 5%.
Smart move at these low prices |
final paragraph from FT article on Xmas beer trade...
In the short term, publicans are hoping that strong festive sales will add a boost. Justin Platt from Marston’s, whose bookings rose 12 per cent on Christmas Day, said: “We’re feeling very good . . . Believe it or not, we’ll serve more than a million pigs in blankets over the Christmas period.” |
 Outlook
• Positive current trading with continued momentum and early progress in embedding strategy across the business
• Like-for-like sales in the first six weeks grew by 3.9% marking a strong start to the year and demonstrating continued growth ahead of the market1
• Christmas bookings are tracking ahead of last year, with many venues securing high levels of reservations
• Autumn Budget on 30 October puts some additional pressure on costs, but the overall package of measures is considered manageable in the context of the Group's CMD targets
• We remain very confident in the Group's outlook and ability to drive efficiencies in its Operating Model
Justin Platt, CEO of Marston's PLC, commented:
"2024 has been a defining year for Marston's as we began an exciting new chapter as a leading pure-play hospitality business. The sale of our stake in CMBC has been transformational, enabling us to significantly reduce debt, increase our flexibility and focus on what we do best: running great local pubs.
"This single-minded focus, combined with our rejuvenated strategy, is already showing in strong financial results. We've delivered like-for-like sales growth ahead of the market, significant margin improvements and robust cash flow, while current trading is encouraging with Christmas bookings already ahead of last year.
"Community-based pubs like ours play an essential role in UK society, backed by our hardworking local teams who give our guests great experiences every single day. All this gives Marston's a superb foundation for sustainable, long-term growth, and fills us with confidence for 2025 and beyond." |
The Annual General Meeting ("AGM") will be held at 10:00am on 21 January 2025 at The Farmhouse at Mackworth, 60 Ashbourne Road, Derby DE22 4LY.
Copies of the following documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at |
Marston's confirms 'unfortunate' increase on beer prices ahead of festive season
Black Country pub company Marston's says it's not taken a decision to raise prices at the taps lightly, after upping the cost of some draught beers this week.
By Mike Sheridan
Published Dec 13
Last updated Dec 13 |
Analysts' Consensus
Mean consensus
BUY
Number of Analysts
7
Last Close Price
0.4550GBP
Average target price
0.6233GBP
Spread / Average Target
+37.00%
High Price Target
0.8000GBP
Spread / Highest target
+75.82%
Low Price Target
0.3600GBP
Spread / Lowest Target
-20.88%
Stock quotes are provided by Factset, Morningstar and S&P Capital IQ
The Marketscreener team wishes you a Merry Christmas |
Closing Price 45.50p
Technical analysis trends
Short Term Mid-Term Long Term
Resistance 47.00 52.80 54.95
Support 40.70 35.85 36.20 |
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