All Mitchells & Butlers articles – Page 18
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Jack: M&B's expansion ability in question
A leading analyst has said that Mitchells & Butlers (M&B) “ongoing malaise” leaves its ability to expand and reintroduce dividends in question
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M&B Q3 trading flat
Mitchells & Butlers (M&B) has this morning reported that like-for-like sales through its third quarter (14 weeks to 19 July) were flat, with a 0.6% rise in like-for-like food sales offset by a 0.5% decline in drink sales
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M&B to extend Americana-style pop up rollout
Mitchells & Butlers (M&B) is expanding the roll out of Ruby Jean’s Diner, its Americana-influenced pop-up menu
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O’Neill’s to host music festival
O’Neill’s, Mitchells & Butlers’ Irish pub brand, is to host a weekend of free live music across its 45 pubs from 31 July
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M&B makes key Orchid appointments
Mitchells & Butlers (M&B) has made two internal appointments to oversee the integration of the 173 former Orchid Pub Company into its estate, M&C Report has learnt
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M&B wins health & safety award
Mitchells & Butlers (M&B) Safety team have won a Silver Award in the RoSPA Occupational Health and Safety Awards 2014
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Ivell adds new non-exec role
Mitchells & Butlers chairman Bob Ivell has become a non-executive director of AGA Rangemaster Group, the world’s leading range cooker company
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M&B appoints new retail director for Harvester
David Hoyland, who was at Marston’s for over 14 years, has joined Mitchells & Butlers (M&B), as retail director for its Harvester brand
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Hansen: pub sector enters 'active M&A period'
The pub sector is entering an “active period of M&A activity”, according to Peter Hansen, founder of Sapient Corporate Finance
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M&B expands Chappell's role following Orchid acquisition
Mitchells & Butlers (M&B) has promoted Susan Chappell, currently retail director for All Bar One, to an expanded role of brand operations director accountable for the company’s All Bar One, Miller & Carter and Browns brands, M&C Report has learnt
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Analysts upbeat on M&B’s Orchid acquisition
Analysts have given a generally positive response to Mitchells & Butlers’ acquisition of the majority of the Orchid estate
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M&B's Orchid acquisition 'a good deal' but has 'execution risk'
Mitchells & Butlers’ (M&B) acquisition of 173 Orchid sites is a “good deal”, although it could disrupt M&B’s cultural reengineering programme and will increase the size of its bottom end by c23%, according to leading analyst Geof Collyer
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M&B completes £266m Orchid acquisition
Mitchells & Butlers (M&B) has announced that it has acquired the majority of Orchid’s estate, consiting of 173 sites, in addition to Orchid’s head office, for £266m
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All Bar One at 02 to feature pop-up vineyard
A pop-up vineyard offering offers and prizes to customers has been installed at the front of the new All Bar One that opens at the 02 on 2 July
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Former M&B ops director Young joins Harrods Bank
Robin Young, former operations director at Mitchells & Butlers (M&B), has joined the board of the Qatar Holdings owned Harrods Bank Limited
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M&B launches updated Harvester offer
Mitchells & Butlers (M&B) has launched an updated Harvester offer at selected sites, including its unit in Peterborough’s Pavilions West scheme
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Jack upgrades M&B over expected Orchid deal
Leading analyst Douglas Jack has upgraded Mitchells & Butlers (M&B) from Add to Buy following news of its likely takeover of the majority of the Orchid estate, which he described as an “excellent transaction” for the group
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M&B confirms exclusive Orchid talks
Mitchells & Butlers (M&B) has confirmed that it has entered exclusive talks to buy the majority of the Orchid estate
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M&B takes lead on Orchid
Mitchells & Butlers is understood to have moved ahead of private equity competition and entered exclusive talks to acquire the majority of Orchid Pub Company, for a sum of c£265m
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Analyst corner
Mark Brumby at Langton Capital takes a look at yesterday’s first half update from Mitchells & Butlers (M&B) and says that whilst the group’s “performance is a shade soggy, it’s a challenge to put your finger on just why this is the case”