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Marston's PLC (LSE:MARS) shares jumped 18% to 54.6p after the pub operator said full-year profit would beat market expectations, prompting Peel Hunt and Panmure Liberum to raise forecasts. Peel Hunt maintained its 'buy' recommendation and 85p price target while increasing its 2025/26 pre-tax profit forecast by 5% to £80 million from £76 million, compared with consensus of around £78 million.
Marston's PLC (LSE:MARS), the UK pub operator, said full-year profit will exceed the top end of market expectations as stronger margins and cash generation supported a third consecutive year of significant earnings growth. The company expects underlying pre-tax profit for the 52 weeks to 26 September to exceed the £83.2 million top end of analysts' forecasts, with profits now more than three times the £25.6 million generated in 2023.
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SEC filings for MARS aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.