Marston’s has recorded record turnover and pre-tax profit for the year ending September 29, saying it enjoyed a particularly good World Cup.
A company spokesperson said: “Group turnover was up 15% to more than £1.1bn and we anticipate reporting underlying profit before tax of about £104m (2017: £100.1m), with higher operating profits in each of our trading segments offset by higher interest charges.
“Total pub sales increased 3.2%, including like-for-like sales growth of 0.6% and the contribution from our pub expansion programme.”
They added: “Marston’s Beer Company achieved strong growth, with total volumes up about 47% in the year, benefiting from the acquisition of Charles Wells Brewing and Beer Business (CWBB) in 2017, good summer weather and the World Cup.
“We have made significant distribution gains in the last year and our portfolio, which includes an outstanding range of premium ales, world lagers and craft beers, further increased market share. Marston’s now distributes to one in four of the UK’s 46,000 pubs nationwide.
“Sales of own and licensed brand volumes exceeded one million barrels for the first time this year, and we distributed around 2.5 million composite barrels of drinks to the on- and off-trade sectors. Around 90% of ‘own brand’ volume is now sold outside Marston’s own pubs.”
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