BRITISH brewing and pub business
Since 12 April the pub has seen trading reach 94 per cent of prepandemic levels on average as pub-going made a comeback over the summer. However,
Commenting on the results chief executive
"Our business benefits from an optimally balanced pub estate of food and wet-led pubs that are predominately suburban, community-based and well located for the changes in consumer behaviour that we are seeing," she added.
While the company's financials took a hammering as a result of lockdown restrictions they were lifted by a joint venture between Marston and Carlsberg which saw the two companies share brewing and distribution assets.
The venture generated net income of £223m for Marston which owns a 40 per cent stake in the project.
(c) 2021 City A.M., source