18-May-2022 10:39 AM
Mitchells & Butlers PLC on Wednesday said it swung to a half-year profit as more people socialised in their pubs and restaurants following the easing of Covid restrictions.
Pretax profit for the 28 weeks ended April 9 stood at £57 mil
19-May-2021 07:26 AM
Pub company Mitchells & Butlers booked a deeper first-half loss after the pandemic forced the temporary closure of its estate.
Pre-tax losses for the six months through March amounted to £200 million, compared to year-on-year losses of £121 m
14-May-2021 01:19 PM
Operators of managed pub and restaurants Mitchells & Butlers will release its half-year results for the 28 weeks ended 10 April 2021 on Wednesday 19 May 2021, the firm said in a statement to shareholders.
A conference call will be held at 9:15am on 19
22-Feb-2021 07:08 AM
Pub group Mitchells & Butlers, while launching a planned £350 million equity raising, said its sales had fallen sharply due to the UK's Covid-19 lockdown.
Managed sales between 27 September and 16 January had dropped 70% year-on-year, the comp
07-Jan-2021 07:47 AM
Restaurant and pub operator Mitchells & Butlers said total sales were down 67.1% in its first quarter trading statement ending 2 January.
On a like-for-like basis (for sites when open, excluding periods of closure) trading was 30.1% down on prior year a
26-Nov-2020 07:59 AM
Pub group Mitchells & Butlers has reported a pre-tax loss for the year of £123 million, while total revenue and operating profit declined as a result of an 'uncertain and challenging year'.
Total revenue fell by 34.1% to £1,475 mill
02-Jul-2020 07:23 AM
Pub group Mitchells & Butlers has announced a pre-tax loss of £121m for the half year, on revenue of £1.04bn, as the lockdown took effect towards the end of the period as it prepares to re-open English sites.
In its half-year results for the
12-Jun-2020 07:11 AM
Pub group Mitchells & Butlers said it would not pay any dividends until the end of the 2021 financial year through September, as part of new lending arrangements to help it ride out the Covid-19 crisis.
The company said it had secured £250m of debt
13-May-2020 08:50 AM
Liberum Capital today reaffirms its buy investment rating on Mitchells & Butlers PLC (LON:MAB) and cut its price target to 300p (from 600p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Apr-2020 01:40 PM
JP Morgan Cazenove today upgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to overweight (from neutral) and cut its price target to 340p (from 490p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.share
29-Apr-2020 04:40 PM
HSBC today reaffirms its buy investment rating on Mitchells & Butlers PLC (LON:MAB) and cut its price target to 225p (from 270p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Apr-2020 09:30 AM
RBC Capital Markets today reaffirms its sector performer investment rating on Mitchells & Butlers PLC (LON:MAB) and cut its price target to 175p (from 450p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.
21-Apr-2020 09:00 AM
Jefferies International today reaffirms its buy investment rating on Mitchells & Butlers PLC (LON:MAB) and cut its price target to 400p (from 530p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Apr-2020 10:50 AM
Peel Hunt today upgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to buy (from add) and cut its price target to 300p (from 500p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Apr-2020 07:33 AM
Pub and restaurant owner Mitchells & Butlers said it had been granted a temporary waiver of its debt obligations and furlouged more than 99% of its staff in the wake of the Covid-19 crisis.
All of the company's sites had been closed for over three w
27-Mar-2020 04:40 PM
Berenberg today upgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to buy (from buy) and cut its price target to 280p (from 480p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Mar-2020 07:50 AM
Restaurant and pub group Mitchells & Butlers said it was bracing for a 'significant downturn' in sales after the UK government urged punters to avoid restaurants to combat the spread of the coronavirus.
For the first 24 weeks of the year, up to
11-Mar-2020 10:20 AM
RBC Capital Markets today upgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to sector performer (from underperform).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-Feb-2020 11:40 AM
Berenberg today upgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to buy (from hold).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Jan-2020 10:00 AM
HSBC today reaffirms its hold investment rating on Mitchells & Butlers PLC (LON:MAB) and cut its price target to 425p (from 435p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Jan-2020 11:00 AM
Barclays Capital today reaffirms its underweight investment rating on Mitchells & Butlers PLC (LON:MAB) and raised its price target to 405p (from 260p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk
09-Jan-2020 07:29 AM
Mitchells & Butlers has traded well over the core three-week festive period, with like-for-like sales growth of 5.6%.
According to its first quarter trading update, the business saw a strengthening in overall sales during the 14 week period ending Januar
16-Dec-2019 12:50 PM
HSBC today downgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to hold (from buy) and raised its price target to 435p (from 350p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Nov-2019 11:20 AM
Berenberg today downgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to hold (from buy) and raised its price target to 480p (from 360p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.
21-Nov-2019 12:00 PM
Morgan Stanley today downgrades its investment rating on Mitchells & Butlers PLC (LON:MAB) to equal weight (from overweight) and raised its price target to 450p (from 430p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by ww