Marston's revealed that its full-year underlying pre-tax profit is set to be ahead of market expectations in a trading update for the year to 27 September 2025. The small-cap pubs operator noted that this marked a second consecutive year of significant profit growth after the 65% increase seen in full-year 2024. Marston's said profitability was underpinned by sustained margin expansion through its market-leading pub operating model, including revenue management and labour efficiency. The firm also said underlying EBITDA margins are expected to rise by more than 100 basis points on the year, while like-for-like sales grew 1.6% during the year, continuing to outpace the total market. In early morning trading, Marston’s shares were up 7.1%.
Greencore upgraded its full-year profit guidance after the convenience foods manufacturer reported another strong quarter in a trading update for the three months ended 26 September 2025. The FTSE 250-listed firm said both fourth-quarter and full-year group revenues were up 8% as the good growth experienced throughout the year continued, driven by new business wins, new product innovation, and favourable weather. The group now expects to report full-year 2025 revenues of approximately £1.95 billion and adjusted operating profits of around £125 million, above previous guidance of £118 million-£121 million. Greencore shares added 0.7% in early morning trade.
Unite Group issued a trading update which saw the student accommodation provider report beds sold falling short of expectations, as well as a drop in rental growth in its third quarter. The FTSE 100-listed firm said beds sold for the 2025 to 2026 academic year fell to 95.2% from 97.5% the previous year, below its expectations. Unite Group noted that rental growth from the sales to date amounted to 4.0%, down sharply from 8.2% a year ago. However, the company still reiterated its financial 2025 guidance for adjusted earnings per share of 47.5p to 48.25p, compared to 46.6p in 2024. Unite Group shares were down 5.5% in early trading.
Most read news on Investegate this morning
Motor Finance Update - - Lloyds Banking Group (LLOY)
