Marston's (MARS) Trading Update summary

Trading performance

• Total retail sales rose 3.0% year-on-year for the 16 weeks to 18 January 2025, with growth in both food and drink sales.

• Like-for-like sales increased 2.0%, reflecting strong festive trading but offset by poor weather in November and January.

• Festive trading period (22 Dec–4 Jan) saw like-for-like sales up 11.1%, with record sales on Christmas Day.

Strategic outlook

• Management remains confident in meeting FY25 market expectations, with consensus underlying PBT at £68.3m.

• Focus for the year includes event-driven marketing and rolling out differentiated pub formats to drive revenue growth.

Company profile and upcoming events

• Marston's operates 1,334 pubs across the UK, employing around 10,000 people.

• Interim results for 2025 are scheduled for release on 13 May 2025.