Marston's celebrates 'significant profit growth' with Christmas bookings 11 per cent ahead of last year
Bosses at Marston’s are looking forward to a happy Christmas after announcing a second year of “significant growth” with profits before tax up from £42.1 million to £72.1 million.
The Wolverhampton-based pub company said its new pub formats, digital transformation and cost efficiencies have all played a part in bolstering pre-tax profits by 71.3 per cent.
The company’s full year results say new pub formats have contributed to strong results for the 52-week period to September 27 this year, published today (Tuesday).
The launch of new concepts including Two Door, Grandstand Locals Sport, and Woodie’s family pubs have proven successful - with 31 pub conversions completed this year - delivering an average revenue uplift of 23 per cent.
