Marston’s (GB:MARS) has released an update.
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Marston’s PLC has reported strong financial results for the fiscal year ending September 28, 2024, with revenue increasing by 3% and like-for-like sales growing by 4.8%. The pub company successfully reduced net debt by £301.7 million and improved both operating and EBITDA margins, driven by strategic initiatives focused on operational efficiencies and a shift to a pure-play hospitality model. The company’s promising performance, bolstered by robust cash flow and a refined strategy, sets a solid foundation for future growth.
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