Pub large Marston’s predicts a bumper Christmas after sale of its brewing enterprise
Marston’s said Christmas looks set to be busier than last year as it enters ‘an exciting new chapter’ following the sale of its brewing business.
The pub company hailed brisk trading over the past six weeks with sales up 3.9 per cent on the same period last year while Christmas bookings are ‘ahead’ of 2023.
Marston’s bounced back to profit and slashed its debt pile after selling its 40 per cent stake in its Carlsberg Marston’s Brewing Company joint venture with the Danish beer group.
Boss Justin Platt said the firm has entered ‘an exciting new chapter’.
Marston’s said revenues rose 3 per cent to £898.6million in the year to September 28. Profits came in at £14.4million following a £30.6million loss a year earlier.
Christmas cheer: Marston’s hailed brisk trading over the past six weeks with sales up 3.9% on the same period last year while Christmas bookings are ‘ahead’ of 2023
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