All Mitchells & Butlers articles – Page 3
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NewsM&B: ‘We are very confident about the months ahead’
Uplift in its wet-led businesses, an improving recruitment landscape and solid Christmas booking levels are just some of the reasons the group is feeling positive, CEO Phil Urban has said.
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NewsMitchells & Butlers sees profits recover
Excluding utilities, Mitchells & Butlers has reported profits have broadly recovered in the year to September 2022, with a total revenue of £2,208m
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NewsMitchells & Butlers appoints ops director
Jo Crump, formerly of Prezzo and Punch Taverns, has been appointed operations director
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NewsPub and restaurant groups see share value plummet
Escalating energy costs combined with the impact on the economy from the government’s mini-budget has sent share prices tumbling further down
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NewsMitchells & Butlers: food sales continue to drive growth
Like-for-like sales rose significantly for food but dropped for drink, with an overall decline of 0.9% compared to 2019
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NewsEgo Restaurants makes ‘significant progress’
3Sixty Restaurants, which operates the Ego JV with Mitchells & Butlers, reported profit for the year to March 2022 of £3.8m, compared to a loss of £842k in 2021
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InterviewsEgo Restaurants: ‘We’re building cash now, to expand next year’
CEO James Horler tells MCA that with current cost pressures, expansion plans are being put on hold until next spring
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NewsMitchells & Butlers’ sales driven by food
The pub business saw a decline in like-for-like drink sales since 2019, partially offset by a rise in food sales
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NewsPub operators amp up delivery and retention efforts
Leading pub operators discussed their views on the current trading landscape during a round table discussion at MCA’s Pub Conference
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NewsPub sector shifts towards data-led approach
Punch Pubs & Co has gone from being a 25% data-led business to 75%, delegates heard in a panel session at MCA’s Pub Conference on the changes in operators’ approach to tech
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NewsPub Conference 2022: full agenda revealed
Stonegate’s chairman and founder Ian Payne, Fuller’s chief executive Simon Emeny and Shepherd Neame’s chief executive Jonathan Neame are among the highlights on the programme
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Analysis & InsightM&B share price falls following H1 update
There was a mixed reaction from analysts following Mitchells & Butlers’ half year results statement yesterday, with the outlook on costs described as “bleak”
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InterviewsM&B: Browns could be the next Miller & Carter
If a trial Browns site in the suburbs is successful, the brand could be Mitchells & Butlers’ next growth vehicle, chief executive Phil Urban told MCA
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NewsFood props up sliding drink sales at M&B
Mitchells & Butlers reported like-for-like growth of 1% in the 28 weeks to 9 April 2022, versus FY19, with encouraging signs of sales recovery in its city centre sites
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NewsM&B names new non-exec and remuneration chair
Amanda Brown will join the board at the pub and restaurant business with effect from 4 July 2022 and will be appointed chair of the remuneration committee on the same date
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NewsMitchells & Butlers is left with a sweet hangover
M&B chief executive Phil Urban has long hoped that this will prove a big weekend for his 1,640-odd pubs, The Sunday Times reports
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InterviewsHero Award: Ian Cutler was ‘the conscience’ of M&B
In the latest of a series of articles profiling nominees for MCA’s Hero Award at the Retailers’ Retailer Awards, we speak to M&B CEO Phil Urban about why he nominated his head of safety
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NewsM&B feels impact of Omicron on Christmas trading
Mitchells & Butlers has reported a total sales decline of 5.2% for the year to date as the impact of Omicron had a noticeable impact on festive trading.
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NewsBoard changes at M&B
Susan Murray will be stepping down from her role as senior independent director at Mitchells & Butlers (M&B) at its 2022 Annual General Meeting.
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NewsLiberation among pubs forced to swap expensive ingredients
Hake and sirloin steak are among the ingredients seeing such large inflationary price increases that menu swaps are on the cards