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19 May 2021 | 07:53am StockMarketWire.com - Pub owner Marston's swung to a full-year profit, thanks to proceeds from the sale of its beer assets, though it posted deep losses at the underlying level pinned on the pandemic. Net profit for the year through March amounted to £199.3 million, compared to a year-on-year loss of £28.0 million. Excluding the asset-sale gain, pre-tax losses amounted to £122.4 million, compared to year-on-year losses of £0.8 million. Revenue plunged to £55.1 million, down from £343.3 million. Marston's opened 710 managed and franchised pubs on 12 April, with a fu...

19 May 2021 | 16:36pm StockMarketWire.com - Global inflation worries, with UK consumer prices rising faster than expected in April, kept markets on the back foot on Wednesday with the FTSE 100 closing down 1.2% to 6,950.20. By 4.30pm UK time the US S&P 500 index was 1% lower at 4,084.86. Premier Foods dipped 0.2% to 102.2p, having declared a dividend for the first time in 13 years after its annual profit more than doubled. The maker of Mr Kipling cakes and Bisto gravy enjoyed high demand for groceries during lockdowns that helped it reduce a large debt pile. It recommended a final dividend of...

12 May 2021 | 09:54am StockMarketWire.com - Pub group Marston's said it had appointed Andrew Andrea as its chief executive officer. Andrew was currently the company's chief financial officer and would step into the new role on 3 October. The move followed Ralph Findlay's decision announced earlier this year to stand down at the end of the company's current financial year. Andrea had been on the company's board since 2009. At 9:54am: [LON:MARS] Marstons PLC share price was 0p at 64.35p Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing a...

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