Join our community of smart investors

Marston’s £40m viral hit - with more to come

The pub and brewing group announced a joint venture with Carlsberg in May
Marston’s £40m viral hit - with more to come

Coronavirus reduced Marston’s (MARS) half year revenues by £40m, with the pub and brewing group forced to close its doors to customers on 21 March. It also recorded around £16m in costs prompted by Covid-19, which included debt provisions and changes to stock valuations. Marston's plans to open 85 to 90 per cent of its English pubs from 4 July.

IC TIP: Sell at 62p

To continue reading...
Register for free
Read 3 articles for free each month
Have an account? Sign in