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MBPFF / Mitchells & Butlers expects top-end earnings; shares rise

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 strong rise in sales and easing of cost headwinds. The pub and restaurant chain said strong trading had continued through the fourth quarter, bringing year to date like-for-like sales growth to 9.1%, with total sales growth now of 10.5%. Read More
Posted: Sep 28 2023, 03:22
Author Name: Proactive Investors
Views: 111067

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Mitchells & Butlers expects top-end earnings; shares rise

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 more_horizontal

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

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 more_horizontal

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

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 more_horizontal

Mitchells & Butlers soars as broker upgrades

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 more_horizontal

Mitchells & Butlers sees strong trading over festive season

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 more_horizontal

Mitchells & Butlers reports strong Christmas trading

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% more_horizontal

Mitchells & Butlers sales bounce back but inflation a concern

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  more_horizontal


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