UK's Marston's slides after H1 like-for-like sales decline

Marstons

12/05/2026 09:05

** Shares of UK pub group Marston's MARS.L fall 6.6% to 47.5p, among top losers on FTSE small cap index .FTSC

** Co reports like-for-like sales down 1.5% over 31 weeks

** Also posts recurring free cash outflow of 15.6 million pounds  ($21.10 million) in H1 vs 5.9 million pounds inflow y/y

** "In H1, net debt rose by 20 million pounds due to cash tax, capex and working-capital outflows being weighted to H1, whereas operating cash inflows are weighted to H2," Peel Hunt analysts say

** Including session's moves, stock down about 19.4% YTD, while FTSC gains 2.9%

($1 = 0.7392 pounds)

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))