We expect Marston’s YE trading update to be well received by the market today. It has capped off the FY16 financial year with an in line update, solid LFL sales growth and delivered on the new opening target. This completes a year in which it has successfully navigated a mixed consumer backdrop, wider supply growth challenges and comfortably outperformed the sector on LFL sales growth (2.3% vs the sector at c.1%). We do not envisage making any meaningful changes to our forecasts post today’s upd ....
