Mitchells & Butlers (GB:MAB) has released an update.
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Mitchells & Butlers PLC reports a solid like-for-like sales growth of 5.2% year to date, outperforming the market despite a challenging quarter marked by unseasonable weather and social unrest. The company has made significant investments, completing 185 conversions and remodels along with energy-saving initiatives like solar panel installations. The robust sales performance and controlled costs have the company poised to deliver a full year result at the high end of market expectations.
For further insights into GB:MAB stock, check out TipRanks’ Stock Analysis page.
