Hints and tips:
...Boase said that large pub chains as well as independent groups were increasingly keen to stock non-alcoholic beers and it now counts Mitchell and Butlers, Greene King and Fuller’s as customers....
...Pub chain Mitchells & Butlers gets an 8 times multiple but it does own 80 per cent of its property. And property offers the real meat which Apollo seeks....
....— Should the company known as Bass, in its 1984 iteration, be seen as having evolved into InterContinental Hotels, or into Mitchells & Butlers?...
...Share price moves in Europe today include UK pub chain Mitchells & Butlers, German industrial ThyssenKrupp and UK-based luxury watch retailer Watches of Switzerland....
...Mitchells & Butlers, the UK’s largest listed pub group, has warned that energy costs will continue to squeeze profit margins despite the government’s multibillion pound energy support package....
...Take Mitchells & Butlers, owner of chains including Toby Carvery and All Bar One. Net debt — borrowings minus cash — has reached an ugly £1.7bn including leases. Its shares are worth £800mn less....
...Several shareholders in the group, which has been listed in London since it demerged from pubs business Mitchells & Butlers two decades ago, asked at an investor roadshow last month whether it had any plans...
...Over at hotelier Whitbread and pubs group Mitchells & Butlers, food and beverage sales rose 8.4 per cent and 13.3 per cent respectively....
...Lower leverage than peers Mitchells & Butlers and JD Wetherspoon is reflected in a rating one-tenth higher for Marston’s. Progress on debt reduction will stall if the economy runs further out of fizz....
...This compares poorly to peers such as Mitchells & Butlers. A key issue is JD Wetherspoon’s customer base, which is particularly vulnerable to cost-of-living pressures....
...Two of the UK’s largest pub groups have warned that cost pressures are a “major challenge” to the industry and have forced them to axe discounts, reduce energy use and simplify their menus.Mitchells & Butlers...
...& Butlers H1, Sage H1, Siemens Q2, Synopsys Q2, Take-Two Interactive Software Q4, Target Q1, TJX Q1, TP ICAP Q1 trading update and AGM, Zurich Insurance Q1 Thursday France, Germany, Switzerland: financial...
...The World Cup and Christmas are expected to provide a seasonal boost, and not all pub groups are suffering: in the 10 weeks to December 3, like-for-like sales at Mitchells & Butlers, the UK’s largest listed...
...Mitchells & Butlers, the UK’s largest listed pub group, said on Thursday that cost pressures presented a “major challenge” to the business and the wider hospitality sector....
...Overleveraged pub operators such as Marston’s and Mitchells & Butlers have already warned of the threat of inflation to their finances....
...In large part, Williamson was appointed for the same reason Mark Harper (former chief whip, now transport secretary) and Andrew Mitchell (former chief whip, now international development minister) are there...
...“Cost headwinds present a significant challenge to the industry, particularly those costs related to utilities, wages and food,” said Mitchells & Butler’s chief executive Phil Urban....
...Mitchells & Butlers, the UK’s largest listed pub group, said on Thursday that cost pressures presented a “major challenge” to the business and the wider hospitality sector, adding that utility, labour and...
...Phil Urban, chief executive at Mitchells & Butlers, the UK’s largest listed pub group, said the group’s drinks-led pubs, such as Ember Inns, expected to do “really well” during the World Cup but that big...
...Cause for celebration at Mitchells & Butlers, the group behind pubs, bars and restaurants including Browns, All Bar One and Toby Carvery....
...Corporate earnings: Aviva, ABN Amro, Burberry, Experian, Marston’s, Mitchells & Butlers and Premier Foods also publish results....
...Phil Urban, chief executive of UK pub group Mitchells & Butlers“All energy support has done is stop things spiralling further out of control.”...
...“Normally at the end of January there is a bit of ‘Wahey, thank God we’re paid’ [moment], so we’re hoping for that again,” said Phil Urban, chief executive of Mitchells & Butlers....
...“If people don’t come out because it’s too expensive that’s bad,” said pub group Mitchells & Butlers’ chief executive, Phil Urban....
...Mitchells & Butlers, the UK’s largest listed pub group, has warned that a sharp increase in utility bills could severely hamper its recovery as it reported a return to profit for the first time since the...
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