Marston’s (MARS) (GB:MARS) has released an update.
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Marston’s PLC reports a robust financial performance for the first half of 2024, with a 5.2% increase in revenue and significant growth in like-for-like sales, outperforming the broader market. Despite a statutory loss before tax, underlying pub operating profit surged 22%, and the company continues to focus on reducing debt, which decreased by £24.5 million. Furthermore, Marston’s is well-prepared for the second half of the year, with strong initial sales and several major sporting events anticipated to draw crowds to their upgraded pub gardens and popular food offerings.
For further insights into GB:MARS stock, check out TipRanks’ Stock Analysis page.
