PUB CHAIN Marston's said revenues grew during the preliminary year, but operating margins lay flat, as it dealt with the hangover of high inflation.
The dining and drinks operator, which has over 1,400 sites across the
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However, underlying operating profit excluding income from associates was £124.8m — up slightly from £115.4m in the same period last year.
The company said it is steaming ahead with plans to get borrowings below £1bn by 2026, which will see the firm dispose of non-core assets, such as pubs.
(c) 2023 City A.M., source