Marston’s AGM update for 16 weeks shows satisfactory underlying momentum in a difficult sector. However, there has been a small adverse impact on profitability from snow in December (the Group’s managed pubs has a midlands bias, the area most affected area by snow in December). Adjusting for the snow, the Group has traded broadly in line in what is a challenging market. Conversely, there is much better commentary around the wet led Taverns and Leased estate. Brewing appears to have had a good st ....
