Marston's pub sales boosted by Euro 2016

UK pub operator and independent brewer Marston's has reported solid growth in sales in the 16 weeks to 23 July period, bolstered by Euro 2016.

Like-for-like sales in taverns advanced 2.5% compared to the same period a year ago, as customers shrugged off mixed weather to take in the football tournament in France that ran from 10 June to 10 July.

Sales in destination and premium – pubs where the food sales mix is high – was up 1.8%.

Marston's said it remained on track to meet its growth target for 22 pub restaurants and bars in the current financial year, in addition to six lodges.

Ralph Findlay, the pub chain's chief executive, said there had been no discernible impact on business following last month's Brexit vote.

"We continue to be encouraged by our performance. As expected, Euro 2016 was broadly neutral for the group as a whole and we have continued to maintain our market outperformance by focusing on offering our customers great experiences and value in modern pubs and bars," he said in a statement.

"Although much has been written about the potential effect of Brexit on consumer confidence, we have not seen any discernible impact on trading to date.

"We believe that our focus on value and affordable treats is appropriate for current market conditions, and while we remain ever mindful of the risks to long term business confidence, it continues to be our intention to develop and implement our proven growth strategy."

Destination and premium sales in the 42 weeks to 23 July period increased 2.5% compared to 2015, with food sales rising 2.1% and wet sales up 2.6%.

Like-for-like sales advanced 2.8% in taverns during the same period, while Marston's own-brewed beer volumes increased 14% compared to a year ago.

"In brewing, we are growing in an attractive market, demonstrating the effectiveness of our new product development and the appeal of our brand portfolio, underpinned by industry-leading service," Findlay added.