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MBPFF / Mitchells & Butlers an “attractive” option after strong results – analyst

Mitchells & Butlers PLC (LSE:MAB), the hospitality operator, is an “attractive” industry player, reckons Liberum which was impressed by its sales growth in the first three quarters of its 2023 financial year. Falling costs and rising sales were enough to send the share price more than 8% higher on Thursday, with revenues in the year-to-date 10% greater than pre-pandemic levels. Read More

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Posted: Jul 28 2023, 06:39

Author Name: Proactive Investors

MBPFF News

By Proactive Investors
September 28, 2023

Mitchells & Butlers expects top-end earnings; shares rise

Mitchells & Butlers PLC (LSE:MAB) shares rose 2.3% to 219.48p after saying it expects full-year earnings to be at the top end of expectations after a

By Proactive Investors
July 28, 2023

Mitchells & Butlers an “attractive” option after strong results – analyst

Mitchells & Butlers PLC (LSE:MAB), the hospitality operator, is an “attractive” industry player, reckons Liberum which was impressed by its sales

By Proactive Investors
July 27, 2023

Mitchells & Butlers froths up to year's high as sales rise, costs 'starting to abate'

Mitchells & Butlers PLC (LSE:MAB) shares frothed up 7% to a year's high of 230p after the pub group reported improving sales growth and said cost inf

By Proactive Investors
May 18, 2023

Mitchells & Butlers soars as broker upgrades

Mitchells & Butlers PLC (LSE:MAB) shares rose more than 5% in early trading on Thursday after analysts at Jefferies Group (NYSE:JEF) upgraded it to a

By Market Watch
January 12, 2023

Mitchells & Butlers sees strong trading over festive season

Mitchells & Butlers PLC MAB, +3.75% said Thursday that it experienced strong trading over the holiday season with like-for-like sales for the year to

By Proactive Investors
January 12, 2023

Mitchells & Butlers reports strong Christmas trading

Mitchells & Butlers PLC (LSE:MAB) announced “continued strong trading” over Christmas, with sales in the five weeks to 7 January 2023 surging 19%

By Proactive Investors
December 7, 2022

Mitchells & Butlers sales bounce back but inflation a concern

Mitchells & Butlers PLC (LSE:MAB) reported sales are back above pre-Covid level as it swung back into profit but warned conditions in the pub sector

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