Mitchells & Butlers PLC (MAB.L)
27 Nov 2015
* FY pretax profit 126 million stg versus 123 million stg year ago
(The following statement was released by the rating agency) LONDON, October 22 (Fitch) Fitch Ratings has affirmed Mitchells & Butlers (M&B) Finance's class A, AB, B, C and D notes at 'A+', 'A+', 'BBB+', 'BBB' and 'BBB-', respectively. The Outlook on the class A and AB notes is Stable. Fitch has placed the class B, C and D notes on Negative Outlook. The affirmation of the class A and AB notes reflects strong free cash flow (FCF) DSCR ratios with significant cushion (supporting the Stable Out
LONDON, Sept 22 British pubs group Mitchells & Butlers on Tuesday said it had replaced its chief executive Alistair Darby with insider Phil Urban as it warned weak trading would push full-year profit to the bottom end of market forecasts.
* Total sales growth in Q3 was 5.0%, bringing growth in the first 43 weeks to 8.2%