Summary
West Midlands-based brewer and pubs group Marstons yesterday confirmed that is not planning to spin off its property assets after posting first half pre-tax profits slightly ahead of expectations.
Formerly Wolverhampton & Dudley Breweries, Marston's said underlying profit before tax rose 1.5 per cent to pounds 41.6 million in the 26 weeks to the end of March, on revenue 8.5 per cent higher at pounds 305 million.See the full content of this document
Extract
Time Is Not yet Reit As Marston's Consolidates ; Brewing
On average analysts had expected a pre-tax profit of pounds 40.6 million.
The group, which brews Banks' and Pedigree ale, said it estimated that the imp...See the full content of this document
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