Marston's

British pub operator Marston’s reports a strong Christmas trading period with like‑for‑like sales up 4.0% and growth of 5.6% across the five main holidays. For the 17‑week period to 24 January, like‑for‑like sales are broadly in line with the prior year and outperform the overall market. Marston’s is accelerating openings of new pub formats (23 sites in the first quarter, target: >50 in fiscal 2026), expects margin improvements from its operator model and reconfirms the aim to meet consensus forecasts for adjusted pre‑tax profit (consensus ~£78.7m). » More on de.investing.com

Marston’s has published the full annual report and accounts for the year ended 27 September 2025 and has scheduled the annual general meeting for 28 January 2026 at 10:00 at The Farmhouse at Mackworth in Derby. The documents, including the notice and proxy form, have been filed with the National Storage Mechanism and are available on the company website. Marston’s had already published preliminary results with condensed accounts on 25 November 2025; the regulated, unabridged information is contained in the full report. » More on de.investing.com

Marston’s recorded strong adjusted pre-tax profit growth for the 52 weeks to 27 September, beating market expectations. Like-for-like (space-adjusted) revenue rose 1.6%, and refurbished pubs delivered average sales increases of 23%. The adjusted EBITDA margin is expected to increase by more than 100 basis points, the recurring free cash flow target of £50m was exceeded ahead of schedule, and net debt was below 5x EBITDA at year end. For 2026, Marston’s plans to accelerate its modernisation programme and increase investment. » More on de.investing.com