The group behind Toby Carvery, Harvester, Nicholson’s, Sizzling Pubs and All Bar One increased total sales by 3.9% in the year to date.
M&B reported robust performances in its mid-market pubs and pub-restaurants, balanced against slightly weaker sales in London and in its more premium brands.
Capital programme
The group has increased the scale and pace of its capital programme, completing 201 conversions and remodels in the year to date.
It also opened two new sites – an Alex in Germany and a Browns in London – in addition to purchasing two freehold interests in existing sites.
The group remains confident of a full year in line with consensus expectations, reflecting a year of outperformance, it said.
Earlier this year, the Birmingham-based business posted a 4.5% like-for-like sales boost for the third quarter of the financial year ended 19 July 2025, attributed to good weather and strong Easter trading.
Cost efficiencies
Looking ahead, it anticipated a higher level of overall cost inflation – at around £130m, c.6% of the cost base – as previously outlined.
However, the group assured its brands were well placed to continue outperforming, adding its Ignite programme, a strategic initiative to drive efficiency and strengthen the balance sheet, continues to deliver cost efficiencies.
CEO Phil Urban said: “We are pleased with our performance over the year, in which we remained consistently ahead of the market, across all market segments.
“Sales growth has been broad based, with strong like-for-like performances in both food and drink across our portfolio of brands, supported by cost efficiencies and a capital programme, which continues to deliver strong returns.”
This story originally appeared in The Morning Advertiser’s sister publication MCA here.
