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Marston’s report profit drop
Friday 5th December 2008, 10:07AM GMT.
Brewers Marston’s today reported a 13 per cent fall in annual profits and warned of a “difficult year ahead”.
It reported pre-tax profits for the year to 4 October of £85.1m, down from £98m the previous 12 months.
The Wolverhampton-based company brews beers such as Pedigree, Jennings Cumberland Ale, and Banks’s.
Marston’s said it had been a challenging year, with the smoking ban, poor summer weather and the deteriorating economic climate.
It has an estate of 2,250 pubs and bars including the Two for One and Pitcher & Piano chains and employs 12,000 people.
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my heart bleeds for this poor brewery not only have they shot themseves in the foot by changing their name from banks,s to marstons but they refuse to live in the real world any slight downturn in trade up goes the price of a pint they should be dropping it to at least try to compete with the supermarkets they make me smile wjo sells the beer to the supermarkets surprise ITS THE BREWERIS
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