MARS.L - Marston's PLC
| Previous close | 57.05 |
| Open | 57.50 |
| Bid | 65.85 x 0 |
| Ask | 66.05 x 0 |
| Day's range | 57.50 - 68.36 |
| 52-week range | 18.40 - 133.80 |
| Volume | 17,015,485 |
| Avg. volume | 8,963,927 |
| Market cap | 438.81M |
| Beta (5Y monthly) | 1.06 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.80 |
| Earnings date | 13 May 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 12 Dec 2019 |
| 1y target est | 108.33 |
- Simply Wall St.
Here's What We Think About Marston's PLC's (LON:MARS) CEO Pay
In 2001, Ralph Findlay was appointed CEO of Marston's PLC (LON:MARS). This analysis aims first to contrast CEO...
- Reuters
Pub owner Marston's and Carlsberg UK brew up a beer joint venture
Marston's, which has had to shut all its pubs due to the coronavirus crisis, said the partnership values its brewing business at up to 580 million pounds ($706.03 million) and Carlsberg UK's brewing business at 200 million pounds. Carlsberg Marston's Brewing Company, the joint venture, would deliver annual cost savings of around 24 million pounds, expected by the end of the third year following the completion of the deal, Marston's said.
- Bloomberg
Carlsberg Bolsters U.K. Presence With Marston’s Brewing Venture
(Bloomberg) -- Carlsberg A/S stepped up the challenge to rivals Anheuser-Busch InBev NV and Heineken NV in the U.K. by forming a joint venture with pub operator Marston’s Plc to pool ownership of their brewing assets.The Danish brewer will own a 60% stake in Carlsberg Marston’s Brewing Co., with Marston’s owning the rest and receiving a cash payment of as much as 273 million pounds ($330 million), the companies said Friday. The deal values Marston’s brewing assets, which include the Hobgoblin and Lancaster Bomber brands, at 580 million pounds, and Carlsberg’s U.K. brewing assets at 200 million pounds.“The joint venture’s brand portfolio will allow us to offer a significantly stronger beer portfolio to our U.K. customers,” Carlsberg Chief Executive Officer Cees ‘t Hart said in a statement.Even before the coronavirus outbreak, U.K. pubs were struggling. The lockdown and the prospect of continued social distancing when they reopen have left watering holes with an uncertain future. Big brewers, meanwhile, have been under pressure from the rise of craft beer and weak consumption trends in developed markets.The deal is the latest transaction in the U.K. hospitality sector seeing pub operators take a step back from their brewing operations to focus on running their bars. Last year, pub owner Fuller, Smith & Turner Plc sold all of its brewing assets to Japanese beermaker Asahi Group Holdings Ltd.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters - UK Focus
RPT-Tumbling pound, virus strategy, Brexit fears lead to heavy slide in UK domestic stocks
A falling currency, doubts about the UK government's response to the coronavirus crisis and fresh fears of leaving the European Union without a trade deal are prompting investors to ditch shares of companies exposed to the local economy. The FTSE 250 index, home to mid-sized UK stocks, has sharply underperformed British blue chips and other major European bourses since the coronavirus broke out. The index has fallen by 43% from its Feb. 19 peak, compared with a 33% drop for the FTSE 100 index and 36% for the pan-European STOXX 600.
- Reuters - UK Focus
Tumbling pound, virus strategy, Brexit fears lead to heavy slide in UK domestic stocks
A falling currency, doubts about the UK government's response to the coronavirus crisis and fresh fears of leaving the European Union without a trade deal are prompting investors to ditch shares of companies exposed to the local economy. The FTSE 250 index, home to mid-sized UK stocks, has sharply underperformed British blue chips and other major European bourses since the coronavirus broke out. The index has fallen by 43% from its Feb. 19 peak, compared with a 33% drop for the FTSE 100 index and 36% for the pan-European STOXX 600.
- Yahoo Finance UK
All Bar One-owner and Brewer Marston's warn on Covid-19 impact
Mitchells & Butlers and Marston's both warned efforts to contain the novel coronavirus would hit sales and profits.
- Reuters - UK Focus
LIVE MARKETS-The dividend debacle
You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. A flurry of companies have suspended, scrapped or put under review their dividend policy. The list is long and includes notably Inditex, Micro Focus, Tarkett, Ferrexpo, Air Partner, Wintershall Dea, Pub operator Marston, Sonsensus Asset Management, Firefly and the list goes on.
- Reuters
UK pub, restaurant owners eye debt waivers to ride out virus crisis
Prime Minister Boris Johnson on Monday essentially shut down social life in Britain and ordered the most vulnerable to isolate for 12 weeks, as the country steps up efforts to stem the spread of the virus. Marston's, whose shares have lost 80% of their value in less than a month, said it was unlikely to pay an interim dividend and was in talks with its banking group about the option of waivers for its debt covenants. Restaurant Group, down similarly as the crisis spread this month to Europe, said it was working with its lenders to have covenants waived throughout 2020.
- Reuters - UK Focus
Marston's braces for "significant" sales hit, unlikely to pay dividend
Pub operator Marston's said on Wednesday it was now unlikely to recommend an interim dividend and was in discussions to have the option of having debt covenants waived later this year as it prepared for a major hit to sales from the coronavirus shutdown. Marston's, a two-century old brewer known for its Pedigree, Hobgoblin and Lancaster Bomber beers, said it was unable to quantify the impact from the virus on its financial performance but said it expected to cut its forecasts for fiscal year 2020.
- Yahoo Finance UK
Wetherspoon boss lashes out at Boris Johnson over coronavirus comments
Tim Martin condemns the UK government's announcement asking people to stay away from pubs and other venues.
- Reuters - UK Focus
MORNING BID-Borders and pubs are shutting. What about markets?
President Donald Trump saying the US may be heading into recession (did anyone still doubt that?) a manufacturing index slumping in March for its biggest monthly fall on record and heightened anti-virus measures sent Wall Street into a 12% tailspin, its biggest drop since the 1987 Black Monday, with $3 trillion wiped off its value. Some markets continued to tank – South Korea lost 2.4%.
- Yahoo Finance UK
Pubs and venues warn of 'crippling blow' as public urged to stay away
Restaurants, pubs, theatres and cafes fear for hundreds of thousands of jobs, with 125,000 signatures on a petition demanding a government lifeline.
- Reuters - UK Focus
LIVE MARKETS-Broad gains but no break for travel & leisure
You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. On the bright side, Air France and Accor shares were up after France's fiscal response last night. As expected UK pub, cinema and restaurant stocks are taking a hit with Cineworld and Whitbread leading the losses.
- Reuters - UK Focus
LIVE MARKETS-On our radar: Pandora, Dixons Carphone, UK pubs & restaurants
You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. Mobile phone retailer Dixons Carphone to axe 2,900 jobs as it plans to close all UK standalone Carphone Warehouse stores. UK government's recommendation to avoid pubs, clubs, restaurants, cinemas and theatres could hit Whitbread, Marston's, Cineworld, JD Weatherspoon and Mitchells & Butlers.
- Simply Wall St.
Is Marston's PLC (LON:MARS) A Good Fit For Your Dividend Portfolio?
Dividend paying stocks like Marston's PLC (LON:MARS) tend to be popular with investors, and for good reason - some...
- Reuters
Pub group Marston's sales rebound on Christmas cheer
The festive season, including Christmas and New Year, has provided a much-needed boost to the sector, with pub owners Mitchells & Butlers <MAB.L> and J D Wetherspoon <JDW.L> also posting impressive performance updates for the period.
- Simply Wall St.
The Marston's (LON:MARS) Share Price Is Down 18% So Some Shareholders Are Getting Worried
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to...
- Simply Wall St.
Income Investors Should Know That Marston's PLC (LON:MARS) Goes Ex-Dividend Soon
Marston's PLC (LON:MARS) is about to trade ex-dividend in the next 3 days. Ex-dividend means that investors that...
- Simply Wall St.
Marston's PLC Just Missed Earnings; Here's What Analysts Are Forecasting Now
It's been a good week for Marston's PLC (LON:MARS) shareholders, because the company has just released its latest...
- Reuters
Marston's profit falls on weak food sales; disposals ahead of schedule
Marston's, which has sped up the disposal of its pubs to cut debt, said pretax profit fell 2.9% to 101 million pounds ($129.58 million) for the year ended Sept. 28, in line with the company's expectations. "We are making good progress with our debt reduction plans and are ahead of schedule in meeting the accelerated 70 million pounds of disposal proceeds which we are targeting in the current year," Chief Executive Officer Ralph Findlay said.
- Simply Wall St.
Do You Know About Marston's PLC’s (LON:MARS) ROCE?
Today we'll look at Marston's PLC (LON:MARS) and reflect on its potential as an investment. In particular, we'll...
- Reuters
UK's Marston's to sell more pubs as profits slide
Britain's hospitality sector has been rocked by several major restaurant chain closures in an overcrowded market, while pubs are battling the cost of a higher minimum wage and subdued consumer spending due to the uncertainties surrounding Brexit. Wolverhampton, central England-based Marston's, which has around 1,500 managed, franchised and leased pubs, said it now aimed to raise 70 million pounds from pub sales in its 2019-20 fiscal year, up from 40 million previously.
- Reuters
British mid-caps rise on hopes of Brexit deal this week
JP Morgan's UK domestic plays index <.JPDEUKDM>, which tracks about 30 UK stocks that make all or most of their revenue at home, rose 1%. Britain and the European Union are set for crunch Brexit talks at a summit on Thursday and Friday, with Prime Minister Boris Johnson intent on delivering Brexit on Oct. 31 and the EU still looking for further concessions.
- Reuters - UK Focus
UPDATE 2-UK's Marston's to sell more pubs as profits slide
Shares in the brewer of Lancaster Bomber, Brakspear and Mansfield beers fell as much as 10% to a two-month low. Britain's hospitality sector has been rocked by several major restaurant chain closures in an overcrowded market, while pubs are battling the cost of a higher minimum wage and subdued consumer spending due to the uncertainties surrounding Brexit.
