All Marston’s articles – Page 4
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Analysis & InsightMarston’s location bias could leave them exposed
Marston’s bias towards sites in the West Midlands and the North of England could leave them “particularly exposed” to a macroeconomic downturn, according to analyst JP Morgan Cazenove.
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NewsMarston’s predicts a return of strong trading momentum
The pub company saw like-for-like sales fall by 3.9% for the 16 weeks to 12 January, reflecting the impact of Omicron
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NewsSA Brain poised for £100m pubs disposal
SA Brain is on the verge of signing a deal to sell 100 of its pubs to a consortium comprised of Song Capital and Cerberus Capital Management, according to Sky News.
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InterviewsMarston’s: ‘We’re overexposed to the value market’
Marston’s CEO Andrew Andrea talks to MCA about the omicron variant, the pub company’s strategy to shift its food offer, and the more nimble executive team
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NewsMarston’s: ‘The worst is behind us’
The pub company reported improved trading post lockdown, with like-for-like sales since restrictions lifted in July 102% of 2019
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Analysis & InsightClear strategy expected from new Marston’s CEO
Marston’s full year results should address three core elements in order to improve shareholder value, believes analyst Peel Hunt.
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NewsMarston’s increases prices following October’s VAT rise
Andrew Andrea, Marston’s new chief executive, has talked about putting up its prices, coping with supply disruption and the need for simplified menus.
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NewsMarston’s returns to growth
Sales were up 2% compared to 2019 across its managed and franchised pubs, in the period from 25 July to 2 October.
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InterviewsFindlay: ‘Marston’s is like a family business with the bad bits taken out’
On his final day as Marston’s CEO, Ralph Findlay spoke with MCA about his 27 years with the business, his next role as C&C Group’s chairman and his views on the pub sector.
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OpinionNot quite goodbye to Ralph…
Dominic Walsh bids farewell to outgoing Marston’s CEO Ralph Findlay after 20 years at the helm, and pays tribute to the ongoing success of the Franco Manca sourdough pizza brand
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NewsFindlay to chair C&C Group
Outgoing Marston’s chief executive Ralph Findlay is set to become chairman of C&C Group.
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InterviewsRalph Findlay ‘optimistic’ about the pub sector recovery
MCA caught up with Ralph Findlay, chief executive of Marston’s, following the group’s Q3 trading update. He discussed the group’s increasing focus on premium pubs and the benefits of a technology upgrade. While describing the pingdemic as a “severe headache” and voicing concerns around VAT and price rises, he was nonetheless optimistic about the pub sector’s potential for recovery.
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NewsMarston’s trading update is welcomed by analysts
Marston’s Q3 trading update has been welcomed by analysts, with Shore Capital describing it as an “encouraging update”, while Singer described it as “highly pleasing.” With limited impact from either cost inflation and pingdemic related labour issues analysts either maintained or upgraded to a buy recommendation.
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NewsMarston’s trading above expectations since indoor reopening
Marston’s has seen total food and drink sales at 92% of 2019 levels in the period from 17 May to 24 July 2021, with sales up 88% since 12 April, beating its expectations.
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Analysis & InsightMarston’s described as ‘top value play’
Marston’s has been described as a ‘top value play’ by analyst Peel Hunt, in a note preceding the brewer and pub operator’s third quarter trading statement due out on 28 July.
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NewsMarston’s NED steps down
Marston’s non-executive director and senior independent director Carolyn Bradley is standing down from 31 July 2021 in view of her increased business commitments.
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NewsTributes paid to former Marston’s chairman David Thompson
The former chairman of Marston’s David Thompson, described by colleagues as a man of “tremendous intellect and vigour”, has died aged 67.
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NewsMarston’s appoints Lupino to CFO
Marston’s has promoted Hayleigh Lupino to chief financial officer, effective from 3 October.
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NewsCBRE appointed to sell £21.6m collection of Marston’s pubs
Global real estate advisor CBRE has been appointed by Aviva Investors to sell a collection of pubs let to Marston’s, worth £21.6m.
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NewsMarston’s has seen majority of furloughed staff return
Marston’s has retained about 97% of its staff on furlough and kept them engaged by staying in regular contact, chief executive Ralph Findlay has said.