Mitchells & Butlers: Shares rise at All Bar One owner as profit hits £164m Retail Mitchells & Butlers said half-year profit soared as cost inflation eased, despite an "unavoidable" decline in pubs and restaurants over the last year.
Shareholder revolt at All Bar One owner Mitchells & Butlers as one in three vote against chairman Shareholders Almost one in three shareholders in All Bar One owner Mitchells & Butlers voted against the reappointment of its chairman at the group's annual general meeting.
Mitchells and Butler: All Bar One owner lifts guidance as cost pressures ease Mitchells and Butler All Bar One owner Mitchells and Butler (M&B) expects profits to be at the top end of forecasts as it cautiously cheered an end to tough cost pressures. The no-frills pub chain, which also owns Toby Carvery, said that like-for-like sales were up 7.7 per cent in the two months to January, over the Christmas [...]
Mitchells & Butlers: All Bar One owner toasts ‘record year’ despite battling high costs November 30, 2023 All Bar One owner Mitchells and Butlers (M&B) said that like for like sales grew to a record 9.1 per cent during the full year, as the chain toasts a strong performance. The no frills dining and pub chain, which also owns Toby Carvery, said that adjusted operating profit increased by 17.6 per cent, despite [...]
Mitchells & Butlers: All Bar One owner toasts soaring sales as costs ease September 28, 2023 All Bar One owner Mitchells & Butlers (M&B) said total group like-for-like sales were up 10.4 per cent on last year, as the bar and restaurant chain sees costs easing. M&B, which also owns Toby Carvery and O’Neill’s, said that food sales on a like-for-like basis grew 8.6 per cent wile drinks sales were up [...]
All Bar One owner toasts rising revenues as cost pressures start to ease July 27, 2023 Mitchells & Butlers (M&B) share price soared over five per cent this morning, as the pub and restaurant chain revealed a 9.7 per cent rise in revenues in the third quarter. The All Bar One owner was bolstered by a record breaking Fathers Day in June, with like-for-like sales in food and drink during the [...]
Tottenham could face Premier League quiz after Joe Lewis insider trading arrest July 26, 2023 Tottenham Hotspur could face questions from the Premier League and Uefa after former owner Joe Lewis was arrested in the US on more than a dozen insider trading charges. The Bahamas-based British billionaire, 86, is due to appear in court on Wednesday after being charged with 16 counts of securities fraud and three counts of [...]
All Bar One owner Mitchells & Butlers complains of ‘significant uncertainty’ over energy bills next year December 7, 2022 Mitchells & Butlers has said “significant uncertainty” remains over the heftiness of its energy bill next year, as pub bosses have called for more financial aid. The All Bar One and Toby Carvery owner said its trading environment “remains very challenging,” as cost inflation headwinds were expected to be as much as 12 per cent [...]
Pint at London pub surges past £8 price amid sky-high inflation June 4, 2022 The average price of a pint has surpassed £8 at one London pub, for the first time, as historic levels of inflation have forced landlords to up prices across the country. The price tag of a drink has soared over 70 per cent since the financial crisis of 2008, according to data from insights firm [...]
All Bar One and O’Neills owner struggles to drive sales as inflation bites May 18, 2022 All Bar One and O'Neills owner Mitchells & Butlers feels the sting of inflation, with like-for-like sales growth of one per cent over the first half of the year compared to 2019 figures.