Marston's (MARS)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

38.45p
   
  • Change Today:
    -2.60p
  • 52 Week High: 44.75
  • 52 Week Low: 25.85
  • Currency: UK Pounds
  • Shares Issued: 660.36m
  • Volume: 2,116,412
  • Market Cap: £253.91m
  • RiskGrade: 364

Marston's Q4 sales impacted by Covid-19 Omicron variant

By Iain Gilbert

Date: Tuesday 25 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Pub landlord Marston's cautioned on Tuesday that sales had taken a hit in the eight weeks ended 12 January as a result of the spread of the Covid-19 Omicron variant over the festive period.
Marston's said total like-for-like sales for the 16 weeks to 12 January were down 3.9% against 2019's pre-Covid comparatives, reflecting the impact of the Omicron variant and consumer sentiment. Total sales declined 3.6%.

However, Marston's noted that prior to the emergence of Omicron and the subsequent introduction of renewed restrictions, like-for-like sales in the first 8 weeks to 27 November were up 1.3%.

The London-listed group also highlighted that from a geographic perspective, its pubs in Wales and Scotland were "more significantly impacted than those in England" by tighter restrictions being enforced during the period.

Chief executive Andrew Andrea said: "Whilst the emergence of the Omicron variant and subsequent Government guidance temporarily impacted consumer sentiment, we remain confident that the strong trading momentum which we were experiencing prior to that will resume.

"We welcome the various plans underway to gradually ease trading restrictions in Scotland and Wales. These, together with the reduction in the required self-isolation period and anticipation of an imminent end to the work from home directive, should enable some semblance of normalised trading patterns to return. Indeed, there is growing evidence over the most recent of weeks of the New Year that consumer confidence is rebuilding, and guests are returning to our pubs in greater numbers, which is encouraging."

As of 0810 GMT, Marston's shares were up 2.56% at 80.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Marston's Market Data

Currency UK Pounds
Share Price 38.45p
Change Today -2.60p
% Change -6.33 %
52 Week High 44.75
52 Week Low 25.85
Volume 2,116,412
Shares Issued 660.36m
Market Cap £253.91m
RiskGrade 364

Marston's Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.14% above the market average89.14% above the market average89.14% above the market average89.14% above the market average89.14% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
76.03% above the market average76.03% above the market average76.03% above the market average76.03% above the market average76.03% above the market average
47.17% above the sector average47.17% above the sector average47.17% above the sector average47.17% above the sector average47.17% above the sector average
Income Not Available
Growth
35.10% above the market average35.10% above the market average35.10% above the market average35.10% above the market average35.10% above the market average
34.69% below the sector average34.69% below the sector average34.69% below the sector average34.69% below the sector average34.69% below the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 1
Sell 0
Strong Sell 1
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Marston's Dividends

  Latest Previous
  Final Interim
Ex-Div 12-Dec-19 23-May-19
Paid 27-Jan-20 02-Jul-19
Amount 4.80p 2.70p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 87,225 @ 38.45p
16:35 1,226 @ 38.45p
16:35 4,246 @ 38.45p
16:35 394 @ 38.45p
16:35 209 @ 38.45p

Marston's Key Personnel

CFO Hayleigh Lupino
CEO Justin Platt

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