The chef with no name 24 January 2020 How James Cochran lost the rights to his own name, and his triumphant comeback with Islington restaurant 12:51
In this week's issue... The chef with no name How James Cochran lost the rights to his own name, and his triumphant comeback with Islington restaurant 12:51
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Marston's sees positive Christmas sales

27 January 2012
Marston's sees positive Christmas sales

Marston's has become the latest in the line of big companies to report positive sales over Christmas, with like-for-like sales in its managed pubs for the 16 weeks to 21 January up 5% on the previous year.

Like-for-like food sales climbed 5.5% but wet sales also rose by 4.8%. And like-for-like sales in the eight weeks to 21 January were up 7% as a result of the poor weather in the previous year.

Marston's said operating margins were "in line" with last year and its plan to build around 25 pub-restaurants in the current financial year remained on track.

Meanwhile, the company also saw some improvement in its leased, tenanted and franchised pubs. Profits for the 16-week period were estimated to be around 3% above last year, with 4% growth in the eight weeks to 21 January.

In Marston's Beer Company, its own-brewed beer volumes were 2% above last year. Premium cask ale was up 3% and bottled ale up 7% compared with last year.

Marston's profits rise despite poor December weather >>

New-build pubs and food drive Marston's growth >>

Marston's reports ‘encouraging' performance for 2010/2011 >>

By Neil Gerrard

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