Mitchells & Butlers Reports Strong Half-Year Growth

Mitchells & Butlers (GB:MAB) has released an update.

Mitchells & Butlers PLC, a leading UK operator of pubs and restaurants, has reported a robust half-year financial performance with a 7.0% like-for-like sales growth. The operating profit surged by 64% to £164m, while the overall revenue increased to £1,396m from the previous year’s £1,282m. The company’s strong cash generation and reduced net debt highlight a positive outlook, with expectations for the full year at the top end of consensus forecasts.

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