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Mitchells & Butlers PLC (MAB.L)

MAB.L on London Stock Exchange

259.63GBp
21 Sep 2018
Change (% chg)

-0.37 (-0.14%)
Prev Close
260.00
Open
261.00
Day's High
262.00
Day's Low
259.20
Volume
289,190
Avg. Vol
387,804
52-wk High
286.80
52-wk Low
221.40

Latest Key Developments (Source: Significant Developments)

Mitchells & Butlers' Independent Director Stewart Gilliland To Step Down
Friday, 14 Sep 2018 

Sept 14 (Reuters) - Mitchells & Butlers Plc ::STEWART GILLILAND, WHO WAS APPOINTED AS SENIOR INDEPENDENT DIRECTOR IN FEBRUARY 2015, INFORMED OF HIS INTENTION TO STEP DOWN.BOARD COMMENCED PROCESS OF RECRUITMENT OF A REPLACEMENT FOR GILLILAND.  Full Article

Standard Life Investments Cuts Stake In Mitchells & Butlers To 12.97 Pct - Filing
Thursday, 31 May 2018 

May 31 (Reuters) - Filing::STANDARD LIFE INVESTMENTS CUTS STAKE IN MITCHELLS & BUTLERS TO 12.97 PERCENT FROM 13.97 PERCENT EARLIER - FILING.  Full Article

Mitchells & Butlers says ‍Trading Through Core Three Week Festive Season Was Strong​
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Mitchells & Butlers Plc ::‍TRADING THROUGH CORE THREE WEEK FESTIVE SEASON WAS STRONG, WITH LFL SALES GROWTH OF 3.9%​.‍CHRISTMAS DAY WAS A RECORD TAKING DAY WITH LIKE-FOR-LIKE SALES GROWTH OF 5.4% AND 225,000 MEALS SOLD​.‍"OVER FULL 7 WEEK PERIOD SINCE OUR LAST UPDATE OUR SALES PERFORMANCE HAS BEEN ENCOURAGING"​."ALTHOUGH TRADING IMPACTED BY ADVERSE WEATHER PARTICULARLY IN RUN UP TO FESTIVE SEASON".MITCHELLS & BUTLERS - ‍ON AN UNADJUSTED BASIS, LIKE-FOR-LIKE SALES GROWTH IN YEAR TO DATE WAS 1.1% AND TOTAL SALES HAVE INCREASED BY 0.5%, IMPACTED BY DISPOSALS.ADJUSTED LIKE-FOR-LIKE SALES GROWTH WAS 1.6% OVER PREVIOUS 7 WEEKS AND 2.2% IN YEAR TO DATE.​.‍WE EXPECT TO COMPLETE AROUND 270 REMODELS AND CONVERSIONS IN FULL YEAR​.‍HAVE OPENED 2 NEW SITES AND COMPLETED 114 CONVERSIONS AND REMODELS IN FINANCIAL YEAR TO DAT​.  Full Article

Mitchells & Butlers reports lower FY pretax profit of 77 mln stg
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Mitchells & Butlers Plc ::FY PRETAX PROFIT 77 MILLION STG VERSUS 94 MILLION STG YEAR AGO.FINAL DIVIDEND 5 PENCEPER SHARE.FY ‍TOTAL REVENUE OF £2,180M (FY 2016 £2,086M)​.‍FY 2017 PROFIT BEFORE TAX OF £77M (FY 2016 £94M)​.FY 2017 ‍BASIC EARNINGS PER SHARE 15.1P (FY 2016 21.6P)​.‍FINAL DIVIDEND OF 5.0P RECOMMENDED​.‍IN FIRST 7 WEEKS OF NEW FINANCIAL YEAR LIKE-FOR-LIKE SALES HAVE GROWN BY 2.3%​.‍FULL YEAR LIKE-FOR-LIKE SALES A UP 1.8%​.  Full Article

UPDATE 1-Mitchells & Butlers food sales drop, offsetting drinks demand during World Cup

Aug 2 Mitchells & Butlers Plc's quarterly comparable sales growth came in just under 1 percent, as its food sales dropped due to Britons favouring its pubs during the football World Cup over its restaurants.