Commenting, Ralph Findlay, CEO said:
"I am pleased to report continued growth across all segments of the business. Our Taverns wet-led community pubs have built on the strong trading performance last year and it is particularly encouraging to see our food-led pubs once again achieving increasing momentum in profitable like-for-like sales growth. Our leading Brewing business goes from strength to strength, winning new distribution contracts and continuing to grow market share.
"We remain focussed on our strategic objectives and good progress has been made with our stated aim to improve cash generation and reduce the Group's leverage. Whilst the backdrop of ongoing uncertainty around Brexit continues to be challenging, opportunities for growth remain and we are confident of delivering another year of profitable growth for our shareholders."
Maintain dividend: The Board is committed to maintaining the dividend at the current level during this period of debt reduction focus.
At this early stage, the actions we have put in place give us confidence that the debt reduction target is achievable over the period.
Div 2.7p per share.
https://www.investegate.co.uk/marston-- ... 00080312Z/