Rising costs squeeze Marstonís

05 December, 2008

Turnover in Marstonís beer division increased by 8.7% to £91.4 million in the year to Oct 4, but operating profit was down 7% to 16.1 million as rising costs squeezed margins.

Total beer volumes increased by 5%, and volumes of premium ale by 17.5% following the acquisitions of Ringwood and Wychwood.

The company said it had increased market share in the off-trade during the year.

In the year ahead, its off-trade bottled ale portfolio will be focused on Marstonís Pedigree, Marstonís Old Empire, Hobgoblin, Wychcraft, Brakspear Oxford Gold, Ringwood Old Thumper and Jennings Cumberland Ale.

In a statement on its results, Marstonís said: ďIt is our view that our portfolio of ale brands can benefit from the longer term growth in eating out in pubs and the continued growth of the off-trade.Ē

Chief executive Ralph Findlay said: ďWe remain cautious about the immediate trading outlook but are confident that steps already taken in respect of capital expenditure and cost management are appropriate for the current environment.Ē




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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
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