Marstons increases 2013 interim dividend by 4.5%

DividendMax Ltd.

Marstons increases 2013 interim dividend by 4.5%

INTERIM RESULTS FOR THE 26 WEEKS ENDED 30 MARCH 2013


Increased interim dividend reflects full year confidence

FINANCIAL HIGHLIGHTS

·     Group revenue - £358.1 million (2012: £342.1 million).

·     Underlying operating profit - £66.6 million (2012: £67.6 million).

·     Underlying PBT - £27.6 million (2012: £33.5 million), reflecting higher finance costs.

·     Underlying earnings per share - 3.8 pence per share (2012: 4.7 pence per share).

·     Innovative £101 million long-term financing - extends maturity of Group debt.

·     Interim dividend - up 4.5% to 2.3 pence per share (2012: 2.2 pence per share).

·     Current trading - good start to H2, which will benefit from £12 million profit initiatives.

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