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Marston's delivers on deleveraging

Net debt cut by £300mn after brewing JV is sold
Marston's delivers on deleveragingPublished on December 3, 2024
  • Efficiency drive underpins margin uplift
  • Shares trade at just 0.4 times book value

A 5 per cent increase in like-for-like sales at Marston’s (MARS) spurred an 18 per cent increase in operating profit from its pubs estate to £147mn and a 65 per cent hike in adjusted pre-tax profit to £42mn.

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