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Last update Apr 30, 8:00 AM CEST
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Marston's PLC
0.60
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Overview

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Description

Marston's PLC is a leading British pub and hotel operator with nearly two centuries of history in the hospitality sector. Founded in 1834 as a brewery by John Marston in Burton upon Trent, the company evolved through mergers and acquisitions, including with Wolverhampton & Dudley Breweries, before rebranding as Marston's PLC in 2007. In a strategic pivot, it divested its brewing operations in 2020 via a joint venture with Carlsberg and fully sold its 40% stake in 2024 for £206 million, enabling a sharp focus on its core pub business and significant debt reduction to £883.7 million. Today, Marston's PLC manages over 1,300 community-focused pubs, bars, and inns across England and Wales, structured as managed (32%), partnership (55%), and tenanted sites (10%). These venues offer food, beverages, and accommodation under brands like Marston's Two For One and Pitcher & Piano, emphasizing guest satisfaction, digital innovations such as Order & Pay, and sustainability efforts like food waste reduction. Employing around 10,000 people from its Wolverhampton headquarters, Marston's PLC generates revenue primarily from retail sales, reporting £898.6 million in FY2024 with 4.8% like-for-like growth, outpacing the market. Its role in the UK hospitality industry underscores community hubs fostering social connections amid a sector projected to expand.

About

CEO
Mr. Justin Mark Platt
Employees
10000
Address
St Johns House
St Johns Square
Wolverhampton, WV2 4BH
Phone
44 190 2907250
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Restaurants
Country
Germany
MIC code
XMUN
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