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Marston's Forecasts Annual Profit Above Top of Market Expectations

The UK pub operator said sports-pub formats and cost control helped triple earnings over three years.

MARS

British pub operator Marston's (LSE:MARS) said Tuesday it expects full-year underlying pre-tax profit to exceed the upper end of market expectations. The company cited its sports-pub format and tight cost controls, which helped triple earnings over a three-year period.