Marston’s posts yearly loss sees sad winter ahead

Signage for a Pitcher & Piano bar, owned by Marston's, is seen in London, Britain

British pub operator, Marston’s Plc, predicted on Thursday that winter months would be both uncertain and challenging, with 780 of its pubs remaining closed after the new coronavirus-induced lockdown in November, as it posted a yearly loss.

The Wolverhampton, the UK-based company, said the year’s underlying pretax loss ended October 3 was 22 million pounds ($29.35 million), compared with an underlying pretax profit of 95.1 million pounds last year.

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