All Mitchells & Butlers articles – Page 22
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NewsBatram: Don’t expect M&B lfls to be far from flat
A leading analyst has said that in terms of like-for-like expectations at the 17 weeks stage for Mitchells & Butlers (M&B), he doesn’t expect the figure to be far from flat.
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NewsM&B makes executive changes
Mitchells & Butlers (M&B) has announced a number of changes to its executive team after four senior resignations, of which two are understood to be joining Tesco and one Caffe Nero
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NewsRollo: M&B expected to report c1% lfl growth
A leading analyst has said that he expects Mitchells & Butlers (M&B) to only report c.1% like-for-like sales growth despite what should be a strong festive season when it updates the market at the end of this month
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News
Cash sets up consultancy firm
Steve Cash, who stepped down as brand operations director for Mitchells & Butlers (M&B) Harvester and Miller & Carter chains at the end of the last year, has set up his own consultancy firm
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News
Miller & Carter set for Hereford
Mitchells & Butlers (M&B) is close to securing a further site for its steakhouse concept Miller & Carter (M&C) in Hereford
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NewsAll Bar One eyes airport debut
Mitchells & Butlers (M&B) is in talks to open a first site under its All Bar One brand at Birmingham Airport, M&C Report understands
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NewsRollo: M&B to resume dividend payments in 2015
Leading analyst Jamie Rollo says he believes Mitchells & Butlers (M&B) will not resume dividend payments until 2015 and that he “struggles to see” the investment case in the company
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OpinionTaking M&B back to the top of its game
A year into his role as chief executive of Mitchells & Butlers, AlistairDarby has got under the skin of the UK’s largest managed eating and drinking-out operator and started to lay the foundations to put it back to its position as the leader of the sector’s pack
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Fuller’s adds ‘Steel’ to M&B pubs
Fuller’s has announced the launch of a new limited edition blonde ale, ‘Steel’, made in collaboration with Steel City Brewing
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Opinion
A surprise and a space race
After a long interview process, which allowed him to get to know Mitchells & Butlers’ (M&B) people, and business fundamentals, and also hear a candid assessment from the board on what they thought needed to be done to transform the company, Alistair Darby admits that there was only one surprise awaiting him when he took up his new role as chief executive last October
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NewsM&B ready to push the envelope with Harvester
Mitchells & Butlers (M&B) is ready to push the envelope when it comes to the development of Harvester, after Alistair Darby admitted that the company had moved too fast when iit entered the leisure and retail park sector with the brand
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NewsNew M&B IT infrastructure to be game changer
The consumer data that Mitchells & Butlers (M&B) will eventually be able to generate from the roll out of its new £33m IT system could prove to be a game changer for the company, according to chief executive Alistair Darby
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NewsFrench raises M&B Target Price
Leading analyst Simon French has reiterated his Sell recommendation for Mitchell’s & Butlers (M&B) but increased his target price from 301p to 365p, saying the company is “potentially a compelling turnaround story”
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NewsM&B: Expansion, Crown Carvery, promos, analysts
M&C Report takes a closer look at the full-year results for Mitchells & Butlers (M&B) and reports from an analyst presentation featuring chief executive Alistair Darby and finance director Tim Jones
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M&B’s market review
Mitchells & Butlers (M&B) said that 2013 has not been an easy year for UK consumers and pointed out five key trends currently impacting the market: Food remains the primary long term route to sustainable growth in this sector, the market is large but fragmented, leisure spending has been protected, the importance of brands is increasing, significant economic disparities by region and by economic grouping.
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M&B to take M&C north
Mitchells & Butlers (M&B) has lined up a further two sites for its steakhouse concept Miller & Carter (M&C) in Scotland and the north east, M&C Report understands
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NewsM&B FY lfls grow 0.4%
Mitchells & Butlers (M&B), the managed operator, has reported a 0.4% rise in like-for-like sales in the year to 28 September as pre-tax profit grew from £82m to £150m
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News
Improved margins at M&B to cover-up weak sales growth
A leading analyst has said that improved margins at Mitchells & Butlers (M&B) should help cover-up for weak sales growth in FY’13
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to the full-year results for Mitchells & Butlers (M&B) next Tuesday (26 November) and says he expects “few surprises”