Marston’s sales tumbled 22% this year as lockdown restrictions hit the business.
The pub group sales stood at £402m and the 1,500 pubs were only open for just over half of trading days for the year ending in October.
Since April, the group has been trading at 94% of pre-pandemic levels, resulting in the groups’ chief executive to say that they were “encouraged by the trading momentum which we have experienced since April and pleased to be trading robustly and above 2019 levels again.”
“Our business benefits from an optimally balanced pub estate of food and wet led pubs that are predominately suburban, community-based and well located for the changes in consumer behaviour that we are seeing,” said Andrew Andrea.
Marston’s share price remained flat on the trading update.