Like-for-like revenues are still improving at pubs operator and brewer Marston’s (LON: MARS) and they are higher than in 2019. The 2021-22 figures should mark the first step in the profit recovery of the business.
Marston’s owns 1,468 pubs and a 40% stake in Carlsberg Marston’s Brewing Company. In the ten weeks to 1 October 2022, like-for-like sales were 4% ahead of the same quarter last year and 3% ahead of the corresponding period in 2019. Prices were increased in March, but this did not stop people coming into the pubs.
Revenues are set to double to £800m in the year to September 202...
