Pete Brown on Marston's selling last 40% of brewing business


OPINION: What does Marston’s sale mean for cask?

By Pete Brown, beer author

The announcement last week that Marston’s has sold its 40% stake in Carlsberg Marston’s Brewing Company (CMBC) to its Danish partner for £206m has deepened the gloom around the already beleaguered cask ale category.

Marston's sells last share of brewing to Carlsberg

Marston's exits brewing to focus on pubs

By Ed Bedington

Marston’s has announced the sale of the remainder of its brewing operations as it refocuses its business to entirely focus on running its pub estate.

Stage stars: the Marston's pub of the year awards winners

Star shines as Marston’s T&L pub of the year

By Gary Lloyd

Publican Ally Heath praised her team after the Star in Penkridge saw off all other competitors to be crowned pub of the year in Marston’s tenanted & leased annual awards.

52-week results: total revenue rises at Marston's

Marston’s revenue rises 9%

By Gary Lloyd

Marston’s pub company has reported a 9% uplift in revenue in its preliminary results for the 52 weeks ended 30 September 2023.

Wonderful opportunity: Marston's announces plans to market 61 freehold pubs

Marston's to market 61 freehold pubs

By Finn Scott-Delany

Large pub company Marston’s has announced its plans to market a selection of 61 freehold pubs from its estate in England and Wales.

Steadfast trading: Marston's reports like-for-like sales up 4.5% for the 16-week period to 21 January 2023

Marston’s sees ‘positive sales momentum’

By Finn Scott-Delany

Marston’s has reported like-for-like sales up 4.5% for the 16-week period to 21 January 2023 compared to FY2020, the last period unaffected by Covid-19.

In great shape: Marston's celebrates preliminary trading results

Marston’s boasts strong trading year

By Amelie Maurice-Jones

It’s been a strong year for Marston’s, as the company’s latest trading results revealed improved profitability, an uptick in net asset value and positive cash flow.

FY trading update: customers are continuing to enjoy community pubs

Omicron variant hits Marston’s FY sales

By Gary Lloyd

Total like-for-like (lfl) sales at community-focused pub operator Marston’s were 1% down on the same period in 2019 – the last time unrestricted trading was possible – the group said in its trading update for the 52 weeks to 1 October 2022.

Marston's third quarter report: sales down 2% vs 2019

Marston's third quarter sales down 2%

By Shwetali Sapte

Marston’s has reported like-for-like (lfl) sales were down 2% in the 42 weeks to 23 July, compared to the same period in FY2019.

Return to profit: Marston's reports  £369.7m revenue

Marston’s reports return to operating profit

By Shwetali Sapte

Marston’s PLC has reported a return to pub operating profit and normalised trading, with like-for-like (LFL) sales at 97% of 2019 levels in the 26 weeks ending 2 April.

Marston's win three awards: The first pub group to achieve zero waste to landfill

Marston's wins trio of awards

By Rebecca Weller

Pub operator and brewer Marston's has won three awards at the 2020/2021 International Green Apple Environment Awards, which has recognised and rewarded companies globally for best environmental practice since it launched in 1994.

What has Carlsberg Marston's Brewing Company achieved in its first year?

Big Interview

Carlsberg Marston's Brewing Company celebrates first year of merger

By Gary Lloyd

A year ago, brewing giants Carlsberg UK and Marston’s joined forces to become Carlsberg Marston’s Brewing Company (CMBC). Here, CMBC chief executive Paul Davies tells The Morning Advertiser what’s been achieved in the year and what’s yet to come.

'Clear vision': 'Despite the challenges of the last year, the actions we have taken have ensured that Marston’s has emerged a stronger and more focused business with a substantially strengthened balance sheet', according to Marston's Ralph Findlay

Marston’s records £105.5m loss

By Stuart Stone

While pub operator Marston’s has revealed a £105.5m pre-tax loss in the 26 weeks to 3 April, the firm cites post-lockdown sales hitting 80% of pre-pandemic levels as cause for optimism.

Former history: a previous bid from Platinum was unanimously rejected by Marston's

Platinum walks away from Marston’s bid

By Nikkie Thatcher

Platinum Equity Advisors has announced it does not intend to submit a revised proposal for Marston’s and will not make a firm offer for the business.

Private interest: Marston’s has confirmed reports that US-based Platinum Equity has made an initial approach to take the firm private

Marston’s confirms private equity interest

By Stuart Stone

Pub company Marston’s has confirmed reports that US-based Platinum Equity has made an initial approach to take the Wolverhampton-based operator private.

New chapter: 'whilst short-term uncertainty remains, we have taken swift action to future-proof the business to withstand the challenges presented by the pandemic and Marston’s has emerged a significantly stronger business,' Ralph Findlay explained

Marston’s records £397m pre-tax loss

By Stuart Stone

Pub operator Marston’s has revealed that it made a total loss of £397.1m during the year to 3 October 2020 following the closure of its near 1,400 strong pub estate for 15 weeks.

How much rent are pub companies charging in lockdown?

Pub companies announce lockdown rent plans

By Emily Hawkins

Pub companies including Greene King and Stonegate Pub Company have confirmed rent reductions for tenants to 10% for the second lockdown period.

Confidence project: Marston's said it is entering an uncertain trading situation when its pubs open up from 4 July

Marston's announces £40m hit to sales

By Emily Hawkins

Pub company Marston's experienced a hit of £40m to sales due to the coronavirus lockdown, prompting its chief executive to say he was uncertain about how its pubs would perform in the short-term reopening period.

Reply to campaign: Marston’s Ralph Findlay responds to CAMRA letter

Marston’s hits back at ‘shaming’ CAMRA letter

By Nicholas Robinson

Marston’s has rebuked the Campaign for Real Ale’s (CAMRA) claims the pubco and brewer is doing too little to financially support its tenants and licensees during the coronavirus lockdown, The Morning Advertiser can reveal.

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