The company, which has embarked on an ambitious new build plan, said revenue had seen a slight increase of 0.6% to £309.2m and profit before tax and exceptional items had grown incrementally by 0.4% in the period to £27.8m, up from £27.7m for the 26 weeks to 3 April.
Underlying profit was slightly ahead by 0.2% at £65.5m, up from £65.4m.
Sales at the Marston’s Beer Company improved by 8.6% and operating profit at the brewing division grew by 1.4%.
Ralph Findlay, chief executive at Marston’s, said: “We are pleased with the encouraging performance of the business in the first half year.
"The economic environment remains challenging, but there are two key areas that provide the basis for continuing out performance in this market: our new-build programme for large managed pub restaurants; and the introduction of innovative agreements in our tenanted and leased pub estate.”
Findlay added that recent trading had been in line with expectations, with a 1.2% hike in like-for-like sales at its managed houses for the six weeks to 15 May and that trends in Marston’s Pub Company and in Marston’s Beer Company were consistent with the half year.
24 May 2010
Sales up at Marston's managed pubs - General news - Pubcos - Morning Advertiser
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